May 18, 2012

Greece downgraded deeper into junk

NEW YORK (CNNMoney) -- The credit rating on Greece's government debt was downgraded deeper into junk bond territory on Thursday.

May 17, 2012

Euro Crisis Is Still US Regional Banks Best M&A Target

NEW YORK (TheStreet) -- The euro zone crisis may be the best opportunity for U.S. regional banks to grow the top and bottom line that's come around in a while.

May 16, 2012

Euro zone risks spark broad-based selloff

LONDON: Uncertainty over the impact of a potential Greek exit from the euro drove a rush to safety by investors on Monday, sending the single currency and European shares down to near four-month lows.

May 13, 2012

ECB's Patrick Honohan says Greek euro exit would not be 'fatal'

A Greek exit from the eurozone would damage confidence in the single currency bloc but not necessarily be fatal, Irish central bank chief and European Central Bank policymaker Patrick Honohan said on Saturday.

May 12, 2012

Spain forces banks to set aside €30bn

Madrid, Spain (TOE) - The Spanish government has announced a new set of financial reforms, particularly aimed at cleaning up country's banking system infested with bad loans.