Sheila Bair, the former FDIC chairwoman who heads the newly formed Systemic Risk Council, explores whether U.S. banks can handle the European banking crisis and…
By Niall Ferguson and Nouriel Roubini We fear that the German government’s policy of doing “too little too late” risks a repeat of precisely the…
By Roger Bootle Recent signs of global economic weakness have caused me to muse on the comparison between the world economy now and during the…
Peter Spiegel, Brussels bureau chief at The Financial Times, told CNBC, “The concern is that the banking crisis in Spain has gotten so bad that…
Asian Currencies Weaken Most Since September on Europe, ChinaBloombergAsian currencies were poised for the biggest monthly loss since September as China's economy slowed and a banking crisis in Spain curbed appetite for emerging- market assets. The…
Spain’s banking crisis worsened Friday as the board of Bankia, the country’s biggest mortgage lender, warned that it would need an additional 19 billion euros…
Is the operative phrase here “priced to perfection”?
With everything from stocks and bonds to ‘roo bellies rising as one trade, it may be a good time to ask: what’s priced into the market’s uptrend? We say “bad news is priced in” when negativ…
65% Chance of Banking Crisis by End November: Think Tank
Published: Wednesday, 9 Nov 2011 | 6:48 AM ET Text Size
By: Patrick Allen
There is a 65 percent chance of a banking crisis between November 23-26 following a Greek default and a run on the Ita…
This is not helping French bank stocks today.
PIMCO’s Mohammed El-Erian has a dramatic post up at FT on the various signs of trouble in French bank land.
You have reports of banks not trading with French banks. You have equity prices at 50-% of bo…
