New York TimesMoody's cuts the credit ratings of 15 major global banks, citing risks …Washington PostMoody's said those firms have stable businesses that offset losses from the volatile markets businesses. JPMorgan, for example, has a large b…
BloombergBanks May Need $566 Billion to Plug Capital Gap, Fitch SaysBloombergThe world's biggest banks may have to raise about $566 billion of common equity to meet rules on capital to be implemented by 2019, curtailing shareholder returns, accordi…
BloombergBanks May Need $566 Billion to Plug Capital Gap, Fitch SaysBloombergThe world's biggest banks may have to raise about $566 billion of common equity to meet rules on capital to be implemented by 2019, curtailing shareholder returns, accordi…
George Soros, in an interview with the BBC yesterday (or thereabouts), makes the simple if important point that the problem with the Euro-zone countries is that they borrow in a currency that they don’t themselves individually issue or print, namely, i…
