George Osborne renewed his commitment to promote competition in retail banking on Wednesday, and inquired into the effects of mandatory branch sales by Lloyds and RBS.» Read More
A check on the European markets as they wrap for the day and what traders are looking for here in the U.S., with Scott Nations, NationsShares; CNBC's Simon Hobbs, Rick Santelli & Gary Kaminsky.
CNBC's Melissa Lee, Carl Quintanilla, and David Faber break down today's market moving headlines, including confidence subsiding in the European debt solution, Starwood CEO's harsh words for President Obama, and a wave of retail analysts calls to watch.
CNBC's Michelle Caruso-Cabrera has the story on whether the worst is over for interest rates.
Analysis of the European markets, with CNBC's Ross Westgate. Europe is up ahead of the U.S. market open and Germany finds good demand in today's Bund auction.
Discussing whether regulation is impacting business growth for banks, with Mark Vitner, Wells Fargo Securities and Scott Schermerhorn, Granite Investment Advisors, who also weigh in on Europe's impact on markets.
U.S. futures are positive across the board, while in Europe stocks are higher on great expectations for the European summit. Germany has a successful bond auction, and Asia also sees modest gains on hopes the S&P warning will push Europe to find a solution to its ongoing debt crisis.
Frans van Houten, CEO, Royal Philips Electronics, "half-hearted measures are not going to cut it and we have now seen this for several months in a row and it is having a real effect on the economy."
Travis Spence, Head of Asian Global Liquidity, J.P. Morgan discusses how investors have been reducing exposure to European banks and how they can increase their return on investment by focusing more on Asia.
Was the S&P's threatened euro zone downgrade good news for Europe and the markets? Brian Kelly, Shelter Harbor Capital, and Kelly Evans, Wall Street Journal columnist, weigh in.
Discussing the Greek Parliament's austerity budget, the EU's double-dose bailout plan and whether it will work, with Charles Dallara, Institute of International Finance.
David Kotok, Chairman and Chief Investment Officer, Cumberland Advisors discusses S&P's lack of credibility in warning that it may downgrade the European countries. He also explains why he is optimistic that the euro zone leaders will come up with a solution.
Lawrence Lindsey, The Lindsey Group, President & CEO, discusses Europe's sovereign debt crisis and the outlook for the U.S. economy.
Jim Rogers, Rogers Holdings chairman & CEO discusses why he is skeptical the Europeans will find a solution to their problems and why the situation will be worse in the U.S. the next time there's a financial crisis.
CNBC's Michelle Caruso-Cabrera reports EU officials are considering two separate rescue funds to tackle the region's ongoing debt crisis. Central banker Fabrizio Saccomanni discusses the situation in Europe.
Are EU officials considering creating two separate rescue funds? CNBC's Michelle Caruso-Cabrera has the latest details from Europe.
CNBC's Kayla Tausche has the story on why Blackstone's CEO, Steve Schwarzman, is back home in the U.S.
Is the threat of a credit downgrade good news for Europe and investors? Arthur Hogan, Lazard Capital Markets, and Mike Holland, Holland & Company, weigh in.
Just how catastrophic would a credit downgrade be if the sovereign credit rating of euro zone countries are cut? Boris Schlossberg, GFT Forex director of currency research, discusses.
Global markets wrap with CNBC's Mandy Drury. The Dow started higher but loses its early-morning gains. 3M is higher and Bank of America agrees to pay $315 million to investors who claim they were misled about mortgage securities.
A dip in Europe on the day. S&P puts the European Financial Stability Fund on creditwatch negative. Meanwhile, Merkel downplays the possibility of a downgrade and German industrial orders in November post their biggest gain since March 2010, with CNBC's Carl Quintanilla & Gary Kaminsky, and Fast Money trader Joe Terranova.