SOFIA, June 20- A run on Corporate Commercial Bank prompted Bulgaria's central bank to take control of the country's fourth-largest lender on Friday and its governor begged depositors to stay calm, saying: "Let's not tear down our house."
*Offer priced at 2- 2.6 euros a share- sources. ATHENS/ LONDON, May 7- The National Bank of Greece has set the price range for a share placement worth up to 2.5 billion euros, which bankers said was the latest deal by a Greek lender to see strong demand from investors.
LONDON, April 28- Fears of euro zone deflation, emerging markets turmoil and a determination not to repeat past mistakes mean European regulators are likely to come up with the toughest set of tests for the region's banks that they have ever faced.
LONDON, April 27- Fears of euro zone deflation, emerging markets turmoil and a determination not to repeat past mistakes mean European regulators are likely to come up with the toughest set of tests for the region's banks that they have ever faced.
ATHENS, April 16- National Bank of Greece was set to be the fourth Greek lender to tap international markets through a share offering on Wednesday after plans were approved for it to raise up to 2.5 billion euros to boost its core capital.
LONDON, April 15- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.
Others, including Britain and the Netherlands, have taken longer. Bankia, Spain's fourth-biggest lender, needed 22.4 billion euros in bail-out funds from Europe and Spain's bank restructuring fund FROB. Britain pumped 66 billion pounds into Royal Bank of Scotland and Lloyds in 2008 and 2009 and provided tens of billions more in liquidity support to the sector.
The precipitating fallout from being downgraded may actually help bolster Greek equity prices, says Nick Skrekas.
Greece formally lost its developed market status on Wednesday, but many analysts argue that the outlook for Greek stocks is now a lot rosier.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
The "Fast Money" traders share their final trades of the day.
European shares closed narrowly lower on Tuesday, with global markets cautious amid ongoing worries the Federal Reserve may taper its bond purchase program.
Greece received a clean bill of health from its international creditors on Monday, securing more rescue aid and prompting its finance minister to say he would ask for much more debt relief.
European shares closed higher on Monday, managing to hold onto earlier gains as investor sentiment was buoyed by an agreement among U.S. Republicans on Friday to extend the debt ceiling for three months.
European shares closed higher on Wednesday after business confidence data was released in Germany showing an increase.
Economists attributed the rise to Greece's export industry, which has benefited from falling labour costs as the country has implemented policies laid out under its bailout deal.
ATHENS, Oct 9- Here are news stories, press reports and events, which may affect Greek financial markets on Tuesday:. International lenders are considering giving Greece two more years to reach its budget deficit reduction targets, and the extra time could be financed without more money from the euro zone, Greek Finance Minster Yannis Stournaras said.
SOFIA, Oct 9- These are some of the main stories in Bulgarian newspapers on Tuesday. -Prime Minister Boiko Borisov call on Nabucco Committee to support financially Bulgaria if it wants the interconnection between Bulgaria and Turkey to be constructed before 2018.
ATHENS, Oct 8- National Bank of Greece, Greece's largest lender, on Monday called a shareholder meeting for Oct. 30, seeking a green light for its proposed acquisition of Eurobank via a share swap.
U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season.