Europe\'s Biggest Bank

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Fears of a full-scale bank run in Greece have not yet materialised. But the possibility of a deposit run in Europe's peripheral states is still very much alive. It is also the thing that policymakers are least prepared for. As with most aspects to the euro ...
May 24, 2012 at 23:57 | Source: Economist.com
Deutsche Bank, Europe’s biggest bank by assets, tapped “a small amount” of ECB cash to help fund corporate and retail business in continental Europe, where it has sizeable operations in Italy and Spain. BNP Paribas, Europe’s third ...
May 23, 2012 at 18:22 | Source: Financial Post
The bank, which had grown rapidly to become Britain's fifth biggest mortgage lender, had needed emergency funding from the Bank of England a few days before, having been frozen out of wholesale funding markets due to a reckless business model.
May 27, 2012 at 13:59 | Source: Reuters
LONDON (Reuters) - HSBC, Europe's biggest bank, beat expectations with an underlying profit of almost $7 billion in the first quarter thanks to a strong rebound in investment banking income and a fall in U.S. bad debts. The bank said on Tuesday ...
May 8, 2012 at 09:14 | Source: msnbc.com
Nonetheless, the newspaper report sparked a sell-off of Spanish bank shares, reflecting investor concern over the country's financial sector. Santander, Europe's biggest bank by assets, fell 1.3 percent while shares in BBVA, Spain's second ...
May 28, 2012 at 05:44 | Source: Yahoo Finance
Nykredit A/S, Denmark’s biggest mortgage lender and Europe’s largest issuer of covered bonds backed by home loans, terminated its contract with Moody’s last month, citing its “volatile” views. Danske Bank A/S Chief Executive Officer ...
May 25, 2012 at 16:04 | Source: Bloomberg
Nevertheless, several of the $2 trillion hedge fund industry's biggest names once ran money for a bank. Alan Howard left Credit Suisse in 2003 to start Brevan Howard, now one of Europe's biggest hedge funds, while Michael Platt has grown ...
May 28, 2012 at 11:06 | Source: Reuters
Mr. Rosenberg said he’s not worried about Europe’s impact on the bottom ... On Friday, Spain’s fourth-biggest lender Bankia SA saw its shares suspended on the Madrid stock exchange, following a report that the bank could ask the Spanish ...
May 25, 2012 at 17:44 | Source: Financial Post
Some of Europe's biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil. Today's news of Bankia, Spain's 4th largest bank, suspending its stock ...
May 25, 2012 at 18:12 | Source: CBS News
Europe’s crisis is undermining growth in Africa at a time when governments in the world’s poorest continent are running out of fiscal room to offset the effects, the African Development Bank said ... the biggest in East Africa, will probably ...
May 28, 2012 at 12:04 | Source: Bloomberg