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  • The U.S. stock market is unlikely to fall very much from the current levels and opportunities have arisen, but emerging markets are still going to grow faster, Mark Mobius, lead portfolio manager at Templeton and an emerging markets specialist, told CNBC.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Stock markets sold off globally on Friday as investors’ confidence crumbled and credit markets reamined tight. CNBC’s experts tell you where to turn.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Stock markets sold off globally on Friday as investors’ confidence crumbled and credit markets reamined tight. CNBC’s experts tell you where to turn.

  • The U.S. government could nationalize investment banks Goldman Sachs and Morgan Stanley, after confirming that it may buy stakes in financial institutions by the end of the month, Hugh Hendry, Partner and CIO at Eclectica, told CNBC.

  • Countries across Europe have moved to reassure banking customers by guaranteeing deposits. Fear of runs on banks prompted some account holders to take their money overseas to foreign banks, protected by government pledges, or simply opt for the relative safety of keeping funds out of institutions.» »

    European finance ministers moved to reassure banking customers by agreeing to raise bank-deposit guarantees to 50,000 euros ($67,930), from the current level of 20,000 euros.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Markets rebounded on Thursday after the previous day's rocky ride, but where can investors seek refuge?

  • CNBC Special Report: Bank Crisis Strikes Europe

    IKB Deutsche Industriebank saw a net loss of euro540 million ($739.80) in its fiscal first quarter, but said a government rescue package had helped it stabilize.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    The Federal Reserve led a global interest rate cut Wednesday along with the central banks of the UK, European Union, Switzerland, Sweden, and Canada.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Stock markets around the world continued to tumble. As investors bail out of stocks, where can investors look for more safety?

  • TradersStaring.jpg

    European stocks pared back some of the losses on Wednesday after plunging about 8 percent earlier in the session as credit fears grew.

  • Our liberal, equity-owning democracy has taken a major blow. With this precedent what incentive is there now for me to own another bank share?

  • Wall Street Trader

    Shares in three major UK banks -- thought to be well capitalized -- were hammered after a report that they might ask the government for funding reignited fears about how sound the banking system was.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    Australia's Central Bank stunned the markets by cutting interest rates by a full-point to 6 percent Tuesday, a reduction that was twice as big as economists predicted and the bank's biggest cut in 16 years.

  • They've worked hard, they've worked long and, through prudence, they've borne the additional cost of absorbing East Germany and being a founder member of the euro zone. And now the German worker has had enough.

  • The European Union will not respond with a U.S.-style bailout package to the current crisis but it will probably decide to guarantee all private deposits in banks across its territory to boost citizens' confidence in financial institutions, analysts told CNBC on Tuesday.

  • Pope Benedict said on Monday that the global financial crisis showed that faith in God trumped a lifetime spent pursuing material wealth.

  • Countries across Europe are following the move by Ireland to guarantee all its bank deposits. Should governments guarantee deposits? Vote in our poll.

  • Greece's banking system "is totally safe and reliable" despite the world financial turmoil and all bank deposits in the country are guaranteed, Finance Minister George Alogoskoufis said on Friday, according to the Associated Press.

  • Ireland's decision to guarantee all bank deposits will contribute to the demise of the single European currency, because it will erode the euro's credibility if it's allowed to go ahead, Hugh Hendry, chief investment officer and Partner at Eclectica Fund, told CNBC on Thursday.

  • The European Central Bank left interest rates unchanged as expected on Thursday despite the financial turmoil engulfing European banks and increased signs of weakness from the euro zone economy.