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  • Traders work on the floor of the New York Stock Exchange in New York.

    CNBC's Steve Sedgwick reports European shares pared losses as Banco Espirito Santo seeks to calm concerns over its capital position.

  • Remedies for a sluggish economy Friday, 11 Jul 2014 | 7:09 AM ET

    Jurrien Timmer, Fidelity Investments, and Steve Miller, AIG non-executive chairman, provide perspective on what would likely relieve the global economic malaise. Also Timmer shares his outlook on the markets.

  • European markets trim losses Friday, 11 Jul 2014 | 7:04 AM ET
    European markets trim losses

    Europe shares regain footing and Portugal shares post gains, reports CNBC's Karen Tso, with the latest update on Portugal's Banco Espirito Santo.

  • Need valuations and earnings to propel markets: Pro Friday, 11 Jul 2014 | 6:36 AM ET
    Need valuations and earnings to propel markets: Pro

    Patrick Chovanec, Silvercrest Asset Management, and Bruce Kasman, JPMorgan chief economist, share their outlook on the markets and economy. Also Kasman weighs in on Portugal's bank problems and explains why he thinks there's not a systemic threat in Europe.

  • Global markets eye Portugal bank crisis Friday, 11 Jul 2014 | 6:15 AM ET
    Global markets eye Portugal bank crisis

    Mark Grant, Southwest Securities, explains why the Portuguese bank crisis may spread to Brazil and Italy, but will not be a disaster for U.S. markets.

  • Banco Espirito shares suspended Friday, 11 Jul 2014 | 6:11 AM ET
    Banco Espirito shares suspended

    Portugal's bank woes raise concerns of another EU crisis, reports CNBC's Steve Sedgwick.

  • No systemic risk from BES: Pro Friday, 11 Jul 2014 | 5:30 AM ET
    No systemic risk from BES: Pro

    Portugal's banking sector has gone through a transformative intervention, making its risk to Europe's banking system small, Antonio Roldan Mones, Portugal analyst at Eurasia Group.

  • BES has 'capital, not solvency issues': Pro Friday, 11 Jul 2014 | 4:15 AM ET
    BES has 'capital, not solvency issues': Pro

    Alberto Gallo, head of European macro credit research at RBS, says Banco Espirito Santo has capital problems not solvency issues.

  • Espirito Santo problem won't spread: Pro Friday, 11 Jul 2014 | 4:00 AM ET
    Espirito Santo problem won't spread: Pro

    Paulo Soares de Pinho, associate professor at Nova School of Business and Economics, says the issues at Banco Espirito Santo won't spread across Portugal.

  • Government 'won't pay for' BES: Ex-Portugal PM Friday, 11 Jul 2014 | 3:30 AM ET
    Government 'won't pay for' BES: Ex-Portugal PM

    Pedro Santana Lopes, former Portuguese Prime Minister, says the government will not pay for Banco Espirito Santo.

  • BES has 'good solvency': Ex-Portugal PM Friday, 11 Jul 2014 | 3:30 AM ET
    BES has 'good solvency': Ex-Portugal PM

    Pedro Santana Lopes, former Portuguese Prime Minister, says Banco Espirito Santo has a "good solvency situation" but the family behind the lender has questions to answer.

  • Banco Espirito Santo 'unlikely to default': Pro Friday, 11 Jul 2014 | 3:15 AM ET
    Banco Espirito Santo 'unlikely to default': Pro

    Otto Dichtl, managing director at Stifel Nicolaus, says there are "question marks" around the amount of capital Banco Espirito Santo has, but the lender is unlikely to default.

  • Euro crisis not back, Portugal a 'warning sign': Pro Friday, 11 Jul 2014 | 2:20 AM ET
    Euro crisis not back, Portugal a 'warning sign': Pro

    Edward Hugh, an independent economist, says the euro zone debt crisis has not returned but the issues in Portugal are a "warning shot" that it might be back soon.

  • Italian banks 'resilient': Banking body Friday, 11 Jul 2014 | 1:45 AM ET
    Italian banks 'resilient': Banking body

    Giovanni Sabatini, managing director of the Italian Banks Association, says Italian Banks are in "good shape" and have worked hard to prepare for the asset quality review.

  • Yen won't stay strong for long: ANZ Thursday, 10 Jul 2014 | 10:43 PM ET
    Why the yen won't be strong for long

    Khoon Goh, Senior FX Strategist at ANZ, expects the Japanese yen to weaken against the U.S. dollar soon if the problems in Portugal's banking sector don't escalate.

  • Why fears over Portugal may be overblown Thursday, 10 Jul 2014 | 9:03 PM ET
    Why fears over Portugal may be overblown

    Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners, discusses the concerns surrounding the euro zone's periphery markets.

  • Portugal fears won't be systemic: Pro Thursday, 10 Jul 2014 | 7:15 PM ET
    Portugal fears won't be 'systemic': Pro

    James Lowell, CIO of Adviser Investments, expects markets to recoup losses once investors realize that fears over Portugal's banking sector are "individual and isolated."

  • Portuguese bank already ran afoul of US in 2012 Thursday, 10 Jul 2014 | 1:30 PM ET
    Pedestrians pass an ATM outside the headquarters of Banco Espirito Santo SA, Portugal's biggest publicly traded bank, in Lisbon, Portugal.

    The Fed issued a cease-and-desist order and a $975,000 fine to Banco Espirito Santo for a violation in 2012.

  • Portugal bank woes Thursday, 10 Jul 2014 | 12:14 PM ET
    Portugal bank woes

    Banco Espirito Santo was fined $975,000 by the Federal Reserve in 2012. CNBC's Michelle Caruso-Cabrera provides insight to the fine.

  • Trading suspended on Banco Espirito Santo: Report Thursday, 10 Jul 2014 | 9:27 AM ET
    Pedestrians carry umbrellas past an Banco Espirito Santo SA branch in Lisbon, Portugal.

    Shares in one of Portugal's main banks, Banco Espirito Santo, were suspended from trading after dropping another 17 percent, Dow Jones reported.