Only the European Central Bank "has the balance sheet big enough to deal with this crisis" in Europe, Neel Kashkari, Pimco's head of equities, told CNBC Monday.
European banks susceptible to shocks from the debt crisis in Greece and other nations should get access to a program similar to what US banks had during the financial crisis, analyst Dick Bove said.
European officials are working on a detailed plan aimed at shoring up European bank stability, according to an official who spoke with CNBC’s Steve Liesman.... Read More
Germany is set to vote September 29 on new European stability fund powers, and that's just one of several big risk events looming in the euro zone... Read More