Decisions by politicians on how to deal with debt on both sides of the Atlantic will be crucial to prevent another Lehman-style crisis, economists and analysts told CNBC in a debate about banking in the European Union and in the US.
The world's biggest banks are likely to be hit by capital surcharges that increase progressively based on a lender's size, how connected it is to other banks and how easily it could be replaced in a crisis, global regulators have told the Financial Times.
The S&P 500 will gain just three percent before the end of the year and will be significantly outperformed by stocks in Japan, Europe and the UK according to Patrick Moonen, a senior Strategist at ING Investment Management.
European stocks are expected to open higher despite a negative session in Asia anb following another volatile trading session for commodities on Thursday.
UK Chancellor George Osborne told CNBC on Tuesday that Britain is an example to countries like Greece on austerity.
Mervyn King, the Governor of the Bank of England, made it clear to the market on Wednesday that UK rates would have to rise at some point.
The Bank of England raised its medium-term inflation forecast to just under 2 percent in its May inflation report, potentially paving the way for a November rate rise.
Britain's economy is unlikely to grow as fast as before the financial crisis because its most productive sectors have been hardest hit, jeopardising government plans to cut the deficit, reports the FT.
Europe should help countries that are in trouble but these countries need to show that they are tackling their deficit problems themselves, like Britain has done, UK Chancellor of the Exchequer George Osborne told CNBC in an interview Tuesday.
Greece on Tuesday denied a Dow Jones report that it expects a new aid package of nearly 60 billion euros ($85.71 billion) to deal with its debt crisis.
European stock market futures pointed to a slightly higher open after Wall Street closed Monday slightly up on the back of commodity related news and China posted its highest trade surplus in four months in April.
Last week spelt the end of the inflation story and this is a reason to be bullish. That is the view of UK-based Michael Browne, a fund manager at Martin Currie.
Following a very volatile week for commodities and a weekend of speculation on Greek restructuring, investors are questioning if the risk-off trade is now dominating.
European stocks pointed to a lower open on Monday as initial optimism faded off the back of US non farm payroll figures on Friday and concerns re-emerged about the European sovereign debt crisis.
European stock market futures pointed to a lower open on Friday as investors waited to see if other banks followed the example of Lloyds’ banking group as it set aside 3 billion pounds in impairment charges related to the mis-selling of payment protection insurance.
Oil prices are likely to continue rising because the world's oil reserves are dwindling, but silver is likely to come down as it rose too fast, famous investor and commodities bull Jim Rogers told CNBC Thursday.
European stocks were set for a slight rebound on Thursday after the previous session's sharp retreat but gains were expected to be limited.
European stock market futures pointed to a mixed opening on Wednesday as earnings season got properly underway and Glencore was expected to publish the prospectus for its much anticipated joint flotation on the London and Hong Kong Stock Exchanges.
European shares were expected to fall on Tuesday after gaining for eight straight sessions, with a drop in commodity prices seen hurting mining and energy stocks.
European stock markets were indicated to open higher after news that Al Qaeda's leader Osama bin Laden was killed in Pakistan.