European Factors-Shares set to extend rally into eighth day
(Adds futures prices, company news; updates snapshot table) LONDON, July 6 (Reuters) - European shares were set to rise for an eighthstraight session on Wednesday, although peripheral euro zone banking ...
Source: Reuters UK Focus via Yahoo! UK & Ireland Finance
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Marshall Auerback: The European Monetary Union is the Titanic
By Marshall Auerback, a portfolio strategist and hedge fund manager. Cross posted from New Deal 2.0 The Iceberg Cometh: An economic and financial crisis will soon be brought about by the collapse of...
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Eight banks fail the European Banking Authority Stress Tests
Eight banks fail the European Banking Authority Stress Tests
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8 European banks fail stress tests
BANKING 8 fail stress tests in Europe Eight banks failed the European Union stress tests after regulators said Friday they had a combined capital shortfall of $3.5 billion, less than predicted by analysts...
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NZ stocks fall for eighth session
New Zealand stocks fell for an eighth session, with Westpac Banking leading the exchange lower after a surge in the kiwi dollar sapped offshore demand for shares. Skellerup rose.
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Emirates NBD extends banking services
Emirates NBD extends banking services
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Hana Financial agrees to extend deal to buy KEB with Lone Star
Hana Financial Group Inc., South Korea's No. 4 banking group, said Friday it has agreed to extend a deal with U.S. buyout fund Lone Star Funds to buy a controlling stake in Korea Exchange Bank (KEB).
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Lone Star, Hana Cut Korea Exchange Bank Deal Price by 6%, Extend Deadline
Lone Star Funds agreed to cut the price of Korea Exchange Bank to 4.4 trillion won ($4.2 billion) and extended the sale deadline as South Korean regulators delay approving Hana Financial Group Inc....