Banking Crisis Strikes Europe - CNBC Special Report - CNBC Europe

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TOP STORY:

UK Government to Tighten Banking Supervision

Britain will tighten up how it supervises banks, scrutinise bonuses paid to their employees and punish misconduct harder as it tries to prevent a re-run of the credit crunch, the government said on Wednesday.

LATEST HEADLINES:

Swiss Will Block UBS Handing Over Data to US 08 Jul 2009
UBS Says It Stays Committed to US Brokerage 06 Jul 2009
Goldman Sachs Raises UK's Lloyds Bank to 'Buy' 29 Jun 2009
UBS to Pay Up to $4.6 Billion to Close US Tax Probe 29 Jun 2009
UK Financial Sector Sentiment Improves: Survey 29 Jun 2009
Russia Mulls Major Banking Bailout: Report 26 Jun 2009
Clamp Down on Too Big to Fail Banks: Roubini 22 Jun 2009
EU Launches Cross-Border Financial Supervision 19 Jun 2009
European Banks Upgraded to 'Overweight': KBW 08 Jun 2009

LIVE POLL:

TOP EUROPEAN VIDEOS:

UK's Conservatives Call for Regulation Shake Up

The UK's Conservative Party said it would hand all financial regulatory power to the Bank of England should it win the next general election. George Osborne, shadow chancellor of the exchequer for the Conservative Party, spoke to CNBC.

BoE Holds on Rates, Quantitative Easing

The Bank of England kept interest rates at 0.5% Thursday, as widely expected and said it wouldn't increase the amount in its quantitative easing program. Tom Vosa from National Australia Bank sees the BOE staying pat until August. Anthony Gibbs from Vantage Capital Markets joins the discussion.

Financial Regulation is a Global Problem

Financial regulation needs to be agreed at a global level to be effective, Sir Howard Davies, a former chairman of the Financial Services Authority, told CNBC. Chris Rexworthy from IMS Consulting joined the discussion.

Tony Blair on Climate Change
CNBC's Martin Baccardax spoke to Tony Blair, former prime minister of the UK, about his special report, Breaking The Climate Change Deadlock.

UK Bank Regulation Under Fire

It's clear that UK's tri-partite system of bank regulation has failed, Tom Clougherty from the Adam Smith Institute told CNBC Thursday. David Kuo from The Motley Fool joined the discussion.

SPECIAL REPORTS:

Protect Your Wealth
How are investors in the Asia Pacific region handling the global financial turmoil?
Financial Crisis Hits Europe
European nations are scrambling to stem the wave of bank failures across the continent.
Wall Street In Crisis
Wall Street was badly shaken Sunday by the failure of Lehman Brothers, the takeover of Merrill Lynch and big asset sales by AIG.
The Fall of Lehman Brothers
It's official -- Lehman Brothers files for bankruptcy protection. But the Chapter 11 filing will not include its broker-dealer operations or the Neuberger Berman unit.

Fannie & Freddie Takeover

The US Government seizes control of the two mortgage finance companies, launching what could be its biggest federal bailout ever, as the credit crunch claims two more corporate victims.

Collapse of Bear Stearns
JPMorgan Chase said it would buy stricken rival Bear Stearns for just $2 a share in an all-stock deal that values the U.S. investment bank at about $236 million.

SLIDESHOWS:

Global Market Selloff
Stock markets around the globe suffered dramatically during the week ending October 10th but how bad was it really? Here are the numbers.
Credit Crisis Play by Play
The US government has taken a number of dramatic steps—both conventional and extraordinary—to try to remedy the problem. Take a look at what's been done.
Failed Banks This Year
Take a look at the failures of 2008 as measured by total assets and the cost to the FDIC’s deposit insurance fund.
Credit Crunch Timeline
Hasty takeovers, government bailouts, bankruptcy filings, CEO ousters and lots of interest rate cuts. Click ahead for the big events of the big bust.
Largest US Bankruptcies
Lehman Brothers' bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court.