Turkey says Cyprus crisis is chance to end division

VILNIUS (Reuters) - Turkish President Abdullah Gul said on Wednesday the financial crisis in Cyprus presented an "important opportunity" to end the division of the island, split between the Greek Cypriot south and Turkish north.

U.K. Banks Try to Dodge Bonus Caps by Defining Risk-Taker

U.K. lenders are preparing to lobby the European Union’s chief banking regulator to reduce the number of employees hit by rules capping bonuses, two people familiar with the talks said.

Eurozone crisis demands one banking policy, one fiscal policy – and one voice

It had all started to look quite promising. The US was picking up, China had avoided a hard landing and in Japan the early signs from the new government's anti-deflation approach were encouraging.

The Resolution of the Cyprus Banking Collapse Paves the Way for More Crises

The international financial community and the markets have declared victory over Cyprus’s banking crisis. But the solution imposed on Cyprus–taxing big deposits–may pave the way for the next European financial crisis.

EU, IMF resisting merger of Greek banks NBG, Eurobank: Paper

ATHENS: Greece's international lenders have asked Athens to halt the merger of National Bank with Eurobank, worried that the resulting lender would be too big for the state to deal with, daily Kathimerini reported on Saturday.