Search Results for 'Europe'

U.S. Banks Tally Their Exposure to Europe’s Debt Maelstrom

After a hurricane, homeowners check nervously to see if their insurance will cover all of their damages. With the European financial crisis still threatening a trail of defaults, United States banks are betting that their insurance is goi [...]

Posted On : Jan, 30 2012 | Comments : 0

Asian stocks mostly down on Europe bank worries

Asian stock markets were mostly lower Thursday amid new signs of pressure on Europe's banking system and a downturn on Wall Street. Benchmark oil lingered above $99 per barrel while the dollar rose against the euro but fell against th [...]

Posted On : Dec, 29 2011 | Comments : 0

European Banks Rush to Grasp Lifeline

Hundreds of euro-zone lenders took out €489.19 billion ($640 billion) in low-interest loans from the European Central Bank on Wednesday, as the currency area extended a massive financial lifeline to its struggling banking industry. [...]

Posted On : Dec, 22 2011 | Comments : 0

Europe’s bank meltdown will hit home here

No, I’m not talking about some new sale on airfare. I'm talking about your bank account. In less than six months our personal wealth has gone from having some, but mostly indirect, connection to Europe, to being held hostage by [...]

Posted On : Dec, 13 2011 | Comments : 0

European Banks Hunt for Ways to Raise Cash

As Europe continues to grapple with its sovereign debt crisis, many of the Continent’s banks are facing increased financing costs and limited access to much-needed cash, according to the Bank for International Settlements, an associ [...]

Posted On : Dec, 12 2011 | Comments : 0

Central Banks Ease Most Since '09 to Avert Europe-Led Slump?

Central banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to avert a global economic slump stemming from Europe’s sovereign-debt turmoil. The U.S., the U.K. and nine other nations, [...]

Posted On : Nov, 28 2011 | Comments : 0

Europe’s Banks Relying on Money From E.C.B.

Banks clamored for emergency funds from the European Central Bank on Tuesday, borrowing the most since early 2009 in a clear sign that the euro region’s financial institutions are having trouble obtaining credit at reasonable rates [...]

Posted On : Nov, 23 2011 | Comments : 0

World Bank Says Asia Has Room for Stimulus to Limit Europe H...

Most Asian nations have room to use fiscal stimulus to protect their economies from a deterioration of the European debt crisis that may have “substantial” spillovers on the region, the World Bank said. Developing East Asia [...]

Posted On : Nov, 22 2011 | Comments : 0

U.S. Banks Pull Back on Europe Lending, Survey Shows

U.S. banks tightened their standards for loans to European banks and fewer relaxed lending standards to businesses in the third quarter, the Federal Reserve said Monday. The Fed's quarterly senior-loan-officer survey, based on 51 d [...]

Posted On : Nov, 08 2011 | Comments : 0

More Pain for Europe Banks

Europe's troubled financial sector showed further strains Monday as the sovereign-debt crisis claimed its first banking victim and banks in Austria and Greece showed signs of distress, increasing pressure on euro-zone governments to c [...]

Posted On : Oct, 11 2011 | Comments : 0

Banks face new European stress tests

Europe’s top banking regulator has started to re-examine the strength of the region’s banks, modelling a big writedown of all peripheral eurozone sovereign debt. The exercise, conducted by the European Banking Authority, could [...]

Posted On : Oct, 06 2011 | Comments : 0

WSJ: Renewed Fears Europe's Banks Too Weak To Withstand Debt...

A dramatic sell-off in European financial markets on Thursday renewed fears that Europe's banks are too weak to withstand the Continent's debt crisis, increasing the chances that the region's leaders will be forced to pursue r [...]

Posted On : Aug, 19 2011 | Comments : 0

European banks rally after early tumble

Shares in European banks fell sharply before rallying after several countries imposed a ban on short selling of financial stocks. European equity markets initially tumbled as banks came under attack in spite of the joint ban on short sell [...]

Posted On : Aug, 12 2011 | Comments : 0

Banks Lead Europe Higher; Shanghai Falls

European stocks closed slightly higher Wednesday, clambering out of the red after credit-ratings firm Fitch Ratings said it doesn't foresee any rating action on German banks as a result of their exposure to Greece. In Asia, most ma [...]