banks

Irish banks, bonds hit as EU eyes survival plan (AP)

November 8th, 2010

AP - Shares in Ireland’s banks hit record lows and national borrowing costs reached new euro-era highs Monday as the government presented its latest plans for financial survival to the…

New global rules aim to strengthen banks (AP)

September 12th, 2010

AP - Global financial regulators on Sunday agreed on new banking rules designed to strengthen bank finances and rein in excessive risk-taking to help prevent another crisis.

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Vast majority of EU banks pass “stress tests” (AP)

July 23rd, 2010

FILE -An  Oct. 5, 2008 file picture showing the logo of the Hypo Real Estate bank in Berlin, Germany.  Markets were on alert Friday July 23, 2010 , waiting for regulators to finally publish their investigation into the financial health of Europe's banking sector. The goal of the tests is to allay market fears that the banks are in trouble after a global recession and the discovery that many European countries were carrying too much government debt. German financial supervisors say the nationalized lender Hypo Real Estate Holding AG is the only German bank to fail the European stress test. (AP Photo/Michael Sohn,File)AP - All but 7 of 91 European banks passed the much-anticipated “stress tests” aimed at showing Europe’s banking system is sound enough to weather the continent’s debt crisis —…

7 EU banks fail worst case stress test scenario (AP)

July 23rd, 2010

AP - Seven of 91 European banks have failed stress tests aimed at measuring their strength in case the continent’s government debt crisis worsens sharply.

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Banks, markets await European stress test results (AP)

July 23rd, 2010

German Chancellor Angela Merkel looks over the desk during a press conference ahead of the annual summer break in Berlin Wednesday, July 21, 2010. Merkel is seeking to counter skepticism on Europe's bank stress tests ahead of their publication, saying they are realistic. The results of tests on 91 banks across the continent are to be published Friday. The exercise is meant to lift the cloud of uncertainty surrounding the exposure of European banks to the debt crisis but some analysts have questioned whether the tests will be tough enough.  (AP Photo/Markus Schreiber)AP - Ninety-one banks. Twenty countries. One exam. So who’s going to flunk the European stress test?


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Germany, Britain Mull a Bank Tax to Address Deficits (Time.com)

March 27th, 2010

Time.com - Both Germany and Britain are calling for a tax on banks in the wake of the economic downturn — but the countries have different ideas about what to…