The euro was lower against the U.S. dollar on Monday after remarks from ECB officials but investors remain unconvinced the currency will continue to trend lower.
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Moody’s downgrade of 12 British banks last week is irrelevant to the current* state of the UK banking sector, analysts told CNBC.com, adding that hell has a better chance of freezing than any British bank failing.
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Stocks have rallied in recent days on hopes that European Union leaders and policy-makers are close to an agreement that would significantly increase the firepower of the European Financial Stability Fund (EFSF)-- essentially the euro zone's rescue fund for troubled member states -- so that it...
Eight banks, including two Greek banks, five Spanish and one Austrian banks have failed the European Banking Authority stress tests, the agency said on Friday.
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Answering the question whether Greece is too big to default and the fallout if it does fail, with Gabriel de Kock, Morgan Stanley and CNBC's Steve Liesman and Michelle Caruso-Cabrera.
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When the Chinese authorities are bailing out local governments for 463 billion dollars, or the equivalent of one and a half* TARP’s when adjusted for GDP, there could be big problems ahead, according to Societe Generale’s Dylan Grice.
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