Banking Put

Lloyds, RBS and Barclays take £5bn hit as stock and commodity prices plummet, while US urges Europe to be more decisive More than £5bn was wiped off the value of three of Britain's biggest banks on...

BRUSSELS, Jul 12, 2011 (AFP) - Eurozone finance ministers Monday vowed to beef up a rescue mattress for troubled economies such as Greece as they went to battle to contain debt crisis contagion threatening...

Eurozone finance ministers promised cheaper loans, longer maturities and a more flexible rescue fund to help Greece and other EU debtors in a bid to stop financial contagion engulfing Italy and Spain.

BRUSSELS - The eurozone's hope that it could enjoy a summer lull in its crisis has vanished as quickly as it appeared. Last week, it seemed all sides would get a time out. Greece had avoided a default...

The Financial Times has two heated articles (relative to the each writer's normal emotional register) on the continuing Greece neverending bailout saga, one from Wolfgang Munchau, the other from John...

U.S. stocks posted the biggest weekly rally in two years, with the Dow Jones Industrial Average rising 648 points, after Greece took action to avoid a default, Nike Inc. (NKE) ’s earnings topped analyst...

U.S. stocks posted the biggest weekly rally in two years, with the Dow Jones Industrial Average rising 648 points, after Greece took action to avoid a default, Nike Inc.’s earnings topped analyst...