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  • British Prime Minister Says UK Will Never Join Euro Friday, 9 Dec 2011 | 3:26 AM ET
    David Cameron

    British Prime Minister David Cameron is facing criticisms of leaving the UK isolated after he said he would not agree to a new European Union treaty.

  • China Construction Bank to Open Subsidiary in Brazil Sunday, 20 Nov 2011 | 9:00 PM ET

    China Construction Bank is in talks to buy a bank in Brazil amid plans to open a subsidiary in Latin America’s biggest economy, according to officials and people familiar with the matter. The FT reports.

  • Northern Rock Cash Used to Fund Deal Saturday, 19 Nov 2011 | 1:03 PM ET

    A third of the price that Sir Richard Branson’s Virgin Money is paying to buy Northern Rock will be funded from the state-owned bank’s current capital base, the Financial Times has discovered.

  • Will Bank Branches Wither Away? Thursday, 17 Nov 2011 | 2:11 PM ET
    A Citibank ATM user.

    As most retail customers move online to bank, branches are regrouping by aggressively going after accounts with small-business owners, who tend to need a lot more face time than other types of customers.

  • Erste Bank Sharply Cuts CDS Portfolio; To Close It Friday, 28 Oct 2011 | 5:19 AM ET

    Austrian bank Erste announced on Friday that it had drastically reduced its credit default swaps (CDS) portfolio and that it would close it by the end of the year, after valuing it based on what it would be worth in the market - known as marking to market - earlier in the month.

  • Analysts are not convinced that Huijin's purchase of China's big four banks shares will change investor sentiment.

    Shares of China's "big four" banks rose sharply on Tuesday after a unit of the country's $400 billion sovereign wealth fund — Central Huijin Investment — increased its stake in the lenders. However, three analysts tell CNBC that while the intervention to boost investor confidence in China's financial system is encouraging, the move will not change market sentiment.

  • How Finland Could Bring the Euro's Demise Thursday, 13 Oct 2011 | 7:37 AM ET
    Finland

    The Nordic country of 5 million people may decide to leave the single European currency and return to its markka if it is forced to cough up funds to support weaker euro zone members, Matthew Lynn, an analyst with Strategy Economics, wrote in a research note on Thursday.

  • Soros: Don't Let Faulty Euro Destroy Financial System Wednesday, 12 Oct 2011 | 4:16 AM ET
    George Soros

    Billionaire investor George Soros and 95 prominent politicians, business leaders and academics urged euro zone leaders to take swift action to resolve the crisis plaguing the region, calling for the creation of a euro zone treasury and stressing that the euro can only be saved if all 17 countries that share the currency act in unison.

  • ECB's Trichet: Crisis Has Reached 'Systemic Dimension' Tuesday, 11 Oct 2011 | 4:29 AM ET
    Jean-Claude Trichet

    The crisis plaguing the euro zone has reached a "systemic dimension", outgoing European Central Bank President Jean Claude Trichet said on Tuesday, warning that the risk of economic shocks spreading further across the financial sector has increased.

  • How Long Can the Rally Based on EU Hopes Last? Tuesday, 11 Oct 2011 | 2:26 AM ET

    Since August the market has been very volatile. Huge market swings for stocks added to a sense of crisis as investors fretted over Greek default, the global banking system and a slowdown in the US economy.

  • Commentary: Time to Fix Europe's Banks Monday, 10 Oct 2011 | 1:07 AM ET

    Europe has too many broken banks and the time has come to fix them. With Dexia's problems laid bare, it must now be apparent to even the most myopic politician that the European Banking Authority's 2011 stress tests were a complete failure, writes CNBC's Guy Johnson.

  • Embattled Dexia Just the Tip of the Iceberg? Thursday, 6 Oct 2011 | 6:25 AM ET
    France and Belgium

    As the French and Belgian governments race towards a second rescue for stricken financial group Dexia, fears that the Franco-Belgian group is just the first of many banks in need of aid are intensifying.

  • Deutsche Bank Scraps Profit Target; to Cut 500 Jobs Tuesday, 4 Oct 2011 | 4:57 PM ET

    Deutsche Bank scrapped its profit target for this year, announced 500 job cuts and said that it would take further impairment charges on its holdings of Greek sovereign debt, sending its shares down on Tuesday.

  • Bail Out Greece? Many Slovaks Don't Like the Idea Monday, 3 Oct 2011 | 3:21 AM ET

    With only two countries apart from Slovakia left to approve the extension of the euro zone's bailout fund, all eyes are on the Eastern European nation of around 5 million people who are not keen on helping richer Greece. 

  • Slovak PM Hopes for Bailout Fund Vote Mid October Monday, 3 Oct 2011 | 12:49 AM ET
    European Central Bank

    Slovakia's parliament may vote on the expansion of the euro zone's bailout fund as soon as mid October, but the risk of a Greek default is still possible, Slovak Prime Minister Iveta Radicova told CNBC in an interview in Bratislava.

  • Banks, Analysts Slam Hungary's 'Disaster' Loan Law Thursday, 29 Sep 2011 | 9:46 AM ET
    Budapest, Hungary

    Hungary's decision to help its citizens pay back the foreign exchange loans they took at the height of the economic boom a few years back has sparked outrage among banks and spooked foreign investors.

  • Change in Banking System's DNA Needed: Economist Friday, 16 Sep 2011 | 8:23 AM ET
    UBS headquarters in Zurich, Switzerland.

    UBS’s $2 billion rogue trading loss highlights the need for a pan-bank risk management body, Don Tapscott, author of ‘Wikinomics: how mass collaboration changes everything’ and chairman of nGenera Insight think tank, told CNBC.

  • BNY Mellon CEO Quits Amid Management Disagreements Wednesday, 31 Aug 2011 | 6:39 PM ET
    Bank of New York Mellon

    The CEO of BNY Mellon, the nation's sixth-largest bank, is stepping down due to disagreements over how to run the company.  The current president was named as the new CEO.

  • How to Trade Greek Banks Merger     Monday, 29 Aug 2011 | 11:10 AM ET

    "There might be some traders out there who might go into these banks¿ or take this opportunity to trade Greek bonds," Michael Mewes, head of fixed income, JP Morgan Asset Management, told CNBC. But he added that JP Morgan Asset Management was on the sidelines.

  • Eurobank CEO on Merger     Monday, 29 Aug 2011 | 11:01 AM ET

    Greek banks EFG Eurobank and Alpha Bank announced they merged to create southeast Europe's largest lender. Nicholas Nanopoulos, CEO of EFG Eurobank, talks to CNBC about the merger.