Philippe Bodereau, MD and global head of financial research at Pimco, says that recent earnings reports show that capital build-up remains a big priority for many European banks.» Read More
Cramer doubts it will happen, but here's how you survive in the meantime.
Merkel is showing the rest of Europe that they are serious about their own deficits and are serious about the rest of Europe following their lead.
For a few happy years, European Central Bank head Jean-Claude Trichet looked down from Mt. Olympus—which is really his 35th floor office—and saw that all was good.
Spain’s central bank stepped into save regional savings bank CajaSur Saturday with a €500 million euro ($621.75 million) cash injection to keep it solvent.
This is what the US, Europe and China need to do to keep Friday’s rally going.
Dread of potential new financial regulations and late-week risk-trimming raised the anxiety among U.S. traders on Friday, said Wall Street traders and analysts.
Investors can realize strong returns on municipal bonds and federally-instituted Build America Bonds (BABS), Pimco founder and co-CIO Bill Gross told CNBC Friday.
The calamitous actions and inactions by European officials continue to drive uncertainty throughout the financial markets.
As far as we’ve fallen, Cramer says, we haven’t dropped enough. He explains what it will take for him to get bullish.
I have been thinking that we needed a 10% correction for some time (I use the S&P 500 average.) There are few rebounds off a major bottom that don't correct by at least 10% within 14 months of the bottom. I believe we are in that correction now.
Amidst all of the fear, panic, and growing stock market doom and gloom, I’d like to offer an important silver lining.
Having lost a regional vote in Westphalia, the politic overcame all and she scrambled to pander to the electorate who are good and mad that she is involving Germany in the European bailout.
The man at the eye of the financial storm that has engulfed the euro has learnt to be patient after 20 years confined to a wheelchair. But Wolfgang Schaeuble, Germany’s finance minister, is also a man in a hurry, the Financial Times reported.
Speculators are not responsible for the current pressure on the euro, the currency is struggling because of political failures and diminished enthusiasm for the monetary union in Germany, Hans Redeker, global head of foreign exchange strategy, told CNBC Thursday.
By and large, big blue-chip companies are executing well and have very strong balance sheets. In fact, the debt of several large-cap US multi-nationals is yielding less than like-duration US Treasury bonds. This is the first time in history this has happened.
Germany and France can't borrow or tax enough to cover all the debts of their southern neighbors.
Europe can survive the current economic crisis if its leaders make good on commitments to turn their economies around, Treasury Secretary Geithner told CNBC Wednesday.
The International Monetary Fund (IMF) has published its detailed economic analysis of the Greek restructuring program. It makes for truly grim reading.
Next year should bring a big change in how you approach these stocks.
As the Flash Crash in U.S. equity markets May 6 illustrated, problems in Greece can have grave consequences for not merely other Mediterranean economies and Europe, but U.S. and the broader global economy.