Economics
by CNBC (RSS feed) - 2 months ago
Spain's banking bailout last year is now a distant memory.
Financial Markets
2 months ago
Bove Veteran bank analyst Richard Bove says the Cyprus bailout is positive for U.S. banks, because fears that European officials may target depositors in other future bailouts will lead to an outflow of money from Europe and into America.
EconomicsFinancial Markets
2 months ago
A day after Cyprus struck an 11th hour bailout deal with international creditors, economists warned of the devastating impact it would have on the Cypriot economy as ordinary Cypriots attempted to come to terms with a new reality.
Economics
by CNBC (RSS feed) - 2 months ago
Cyprus' finance minister is returning to Cyprus from Russia after two days of talks with officials which failed to deliver a deal to rescue Cyprus.
Economics
by CNBC (RSS feed) - 2 months ago
The reason a rescue agreement for Cyprus has been so difficult is "no one wants to bail out a bunch of Russian criminals," Bill Browder of Hermitage Capital told CNBC.
EconomicsFinancial Markets
2 months ago
The Cyprus bailout chaos serves as a stark reminder that fundamental issues in the world economy are not yet fixed, said CEO of Standard Chartered Bank Peter Sands.
Economics
by CNBC (RSS feed) - 2 months ago
The Cypriot government is considering capital restrictions if banks reopen on Thursday, a senior government official told Reuters as negotiations between the country and Russia over financial assistance continue in Moscow.
Financial Markets
4 months ago
Hank Greenberg, AIG's former CEO and still large shareholder, argues that government misconduct cost AIG shareholders billions. If he's right, AIG should seriously consider joining Greenberg's lawsuit.
Financial Markets
5 months ago
American International Group’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy in a bailout that fueled resentment against Wall Street.
Financial Markets
8 months ago
Got some cash to spend ? How about a piece of the Greek islands of Rhodes or Corfu ? Or a royal palace, a marina, or even a consulate building ?