Europe Markets: Banks drive gains in European stock markets
Investors take their first chance to react to news that only a handful of lenders failed the European stress tests. Click here to read the full story
Read more..European markets flat after stress test results
By PAN PYLAS 2010-07-26T10:10:30Z LONDON (AP) — European stock markets and the euro were steady Monday as investors weighed the results of the stress tests into 91 EU banks – although the simulations gave a broadly positive view of the region’s financial sector, some [...]
Read more..Goldman Names Bank Counterparties in AIG Hedge
Morgan Stanley, Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group, a source familiar with the matter said Friday. Click here to read the full story
Read more..Europe Markets: Europe slide hits four as Philips, BP drop
European shares declined for the fourth straight session on Monday, as Philips and Electrolux lost ground after disappointing some investors on revenue and banks also came under some selling pressure. Click here to read the full story
Read more..Ireland’s Credit Rating Cut on Weak Growth, Banks
Moody’s has downgraded Ireland’s rating by one notch to Aa2, citing loss of financial strength, weak growth prospects and banking problems. Click here to read the full story
Read more..Cable: Banks are ripping us off
The business secretary tells BBC Panorama that Britain’s banks are not giving private customers and small businesses a fair deal. Click here to read the full story
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