24th Jul 2010 08:02
(This item was originally published Thursday.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5
Read more23rd Jul 2010 21:52
European authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read more23rd Jul 2010 21:50
By Adam Cancryn Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed slightly higher Friday after just seven of the 91 European banks involved in stress tests were deemed in need of additional capital. The Bank of New York index of ADRs closed u
Read more23rd Jul 2010 21:50
(Updates throughout with additional details and comments.) By Shara Tibken and Marshall Eckblad Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--U.S.-listed shares of European banks rallied on Friday, led by Irish and Spanish lenders, after regionwide stress tests showed most banks could wit
Read more23rd Jul 2010 20:00
European authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read more23rd Jul 2010 19:41
(Adds details and analyst comments.) By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of European banks trading in the U.S. moved slightly higher Friday afternoon as investors digested results of European stress tests, which, as expected, showed the large majority of b
Read more23rd Jul 2010 19:19
European authorities Friday released results showing EU banks largely passed a round of government stress tests, with just a few institutions found to need modest amounts of new capital. Out of 91 banks, just seven failed the tests: Germany's Hypo Real Estate Holding, ATEbank (ATE.AT) in Greece
Read more23rd Jul 2010 18:56
(Adds detail.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read more23rd Jul 2010 18:38
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Europe's largest banks easily passed the European Union's keenly awaited stress tests Friday, though seven smaller, unlisted banks failed to meet at least some of the measures in an exercise EU authorities said assessed the sector'
Read more23rd Jul 2010 18:14
(Adds details.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read more23rd Jul 2010 18:09
By Prabha Natarajan Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The Federal Deposit Insurance Corp. is tapping the securitization market to rid itself of assets from failed times. This time, the regulator will sell $409 million of mortgage bonds originated or acquired by 17 failed fina
Read more23rd Jul 2010 18:09
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of European banks trading in the U.S. were little changed following results of the European stress test, which showed the large majority of the companies passed the examinations. The stress test results, intended to rest
Read more23rd Jul 2010 17:53
LONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how
Read more23rd Jul 2010 17:48
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal Bank of Scotland Group P
Read more23rd Jul 2010 17:36
LONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how
Read more