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Spain's Banking Crisis Hits Aerospace
The banking crisis is spilling over into manufacturing, with the aerospace industry the latest to feel the heat due to problems in the Spanish banking...
May 15, 2012
How Bad is Bulgaria's Banking Crisis?
The signs of another banking crisis in Europe made many nervous But for now Bulgaria's seems to be under control. An early run at First Investment Ba...
June 30, 2014
In Spain, Your Bank Is Likely a Bus
Throughout Spain, regional savings banks have merged, closed or travel in buses after real-estate developers defaulted on tens of thousands of loans i...
January 28, 2015
Spain's Banks May Need 59.3 Bln Euros
59 billion euros. The amount of capital Spain's troubled banks would need to ride out a serious economic downturn, according to a independent audit of...
September 28, 2012
The Cost of Saving Spain from a Banking Cr...
The cost of saving the Spanish banking sector will become apparent in the next three days as various institutions, including the IMF, report on the am...
June 08, 2012
Ex-PM on Trial Over Iceland Bank Crisis
Iceland's former Prime Minister arrives at court in Reykjavik. Geir Haarde is on trial for gross negligence during the 2008 banking crisis. Iceland's ...
March 05, 2012
Crisis-Hit Italians Cut Down on Coffee
From a morning cappuccino to an after-dinner espresso. Italians have shared their love of coffee and their words for it with the world. But in the cri...
October 08, 2012
ECB Opposes Spain's Banks Plan
European Central Bank officials signaled they would oppose any attempt to fund the $23.8 billion recapitalization of Spain's Bankia via the central ba...
May 30, 2012
The Cost of Saving Spain’s Banking Sector
The cost of saving the Spanish banking sector will become apparent in the next three days; all eyes on Chinese economic data this weekend and the Euro...
June 08, 2012
Banks' Bill For Crisis Hits $100 Billion
The likely legal toll for the world's largest banks stands at $100 billion and counting as they settle claims and pay damages related to the mortgage ...
March 27, 2013
Report Says Spain's Bank Customers Withdra...
Spain's borrowing costs have shot up at a bond auction, after economic data confirmed the country is back in recession and reports that nationalized B...
May 17, 2012
Euro Dips as Spain's Banking Worries Grow
06/05/12 The euro has slipped Tuesday morning after Spain's budget minister asked for foreign funds to help shore up the nation's biggest lenders.
June 05, 2012
New York Financial Press
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