The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.» Read More
BEIJING, Sept 26- China will allow banks to price loans based on market-based benchmark rates and will allow banks to launch certificates of deposit soon to pave the way for liberalising bank deposit rates, the central bank said on Thursday.
Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards the euro zone periphery, or risk instilling alarm among bank depositors in future, the FT reports.
CNBC's Steve Liesman reports Denmark became the first central bank in this cycle to charge a negative interest rate, cutting certificate of deposit rates from .05 percent to -0.2 percent.
Will CD's be paid under various Greek bond bailouts? David Geen, ISDA general counsel weighs in.
Discussing the French banks scare and the ban on short-selling in Europe, with Larry McDonald, McDonald Advisory Group president.