Asian stocks declined on Wednesday following a weak handover from Wall Street and as investors showed little reaction to news of a U.S. budget deal.
Simon Maughan, head of research at Olivetree, discusses European banking following results from Credit Suisse and Santander and says banks are still "under a tremendous amount of pressure".
Emilio Botin, chairman of Banco Santander, says he is not worried about the criteria for the latest round of stress tests for Spanish banks.
Spain may have sank deeper into recession in the first quarter, but the executive director of the euro zone's largest bank says the economy will bottom out this quarter and sees green shoots appearing.
Three of Spain's healthier lenders are expected to show the scars from a tough economy when they report first-quarter earnings on Thursday.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Journalists seem to be outnumbering Cypriots standing in lines at banks in Nicosia. That's good news, right?
There is serious damage accumulating in European banks, yet at least for today, Cyprus isn't all to blame.
European banks are looking increasingly attractive, Dennis Gartman says.
Mark Carney, incoming governor of the Bank of England, struck a cautious note on Monday, saying banks were now better placed to withstand financial shocks but warning that they still needed to reform further.
According to Cramer a shift is underway. You’d best position for it now.
"Mad Money" host Jim Cramer says market hysteria about the fiscal cliff echoes Euro hysteria one year ago.