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Posts related to ‘European banking crisis’

Eurozone Bailout Agreement Not All It Seems

Posted: July 6, 2012 at 12:05 pm

Markets widely interpreted Germany’s recent agreement permitting the European Financial Stability Fund (EFSF) and the European Stability Mechanism (ESM) to purchase Eurozone sovereign debt as a major step on the ...
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Are Oil Traders Nuts?

Posted: June 29, 2012 at 8:08 am

In electronic trading this morning WTI crude is up more than 3.3% at $80.38 and Brent crude is up more than 2.8% at $94.04. The rise is certainly due to ...
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Germany Says “No” to Banking Union

Posted: May 30, 2012 at 8:59 am

It didn’t take long for Germany to respond to a report from the European Commission proposing that the European Stability Mechanism be empowered to lend directly to banks. From Market ...
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Eurozone Should Consider “Banking Union”

Posted: May 30, 2012 at 7:56 am

The executive branch of the European Union -- the European Commission (EC) -- is set to release a report today that recommends allowing the funds in the European Stability Mechanism ...
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Can Big U.S. Banks Escape Europe’s Malaise?… Meredith Whitney Chimes In (DB, STD, NBG, BAC, JPM, C, WFC)

Posted: May 3, 2012 at 2:31 pm

The financial sector was the best performing index out of the S&P 500 during the first quarter.  That was when investors were decoupling from the woes of Europe.  With European ...
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