Bank Retreat on Shipping Seen Filled by Private Equity: Freight - Bloomberg

Bank Retreat on Shipping Seen Filled by Private Equity: Freight Bloomberg In the first quarter, more than half of Commerzbank's loan-loss provisions of 212 million euros ($270 million) were booked at its ship-finance unit. Provisions probably will rise this year, according to a May 9 conference call with the bank's ... and more »

IMF Urges Greater UK Economic Action - Wall Street Journal

Daily Mail

IMF Urges Greater UK Economic Action Wall Street Journal ... firms to borrow money by lowering bank funding costs, perhaps by purchasing private sector bonds linked to business loans, and said there is also scope for the government to tweak its fiscal consolidation plan without abandoning its budget targets. United Kingdom—2012 Article IV Consultation Concluding Statement of the MissionInternational Monetary Fund 'Cut interest rate to zero': IMF calls on Bank of England to slash below 0.5 ...Daily Mail Osborne may need Plan B in November, IMF warnsTelegraph.co.uk The Guardian (blog) all 871 news articles »

Papademos Says Greece Should Remain in Euro - Wall Street Journal

Wall Street Journal

Papademos Says Greece Should Remain in Euro Wall Street Journal Mr. Papademos, who also is a former European Central Bank vice president, continues to advise the new caretaker government that has run the country since he stepped down last Wednesday following inconclusive national elections May 6 that led to a ... and more »

FY13 will be year of consolidation - Moneycontrol.com

FY13 will be year of consolidation Moneycontrol.com Do you have a target set for gold loan disbursement? A: This year will be a year of consolidation for us, thanks to a lot of regulatory measures in the form of LCV Cap and current controls on banks' exposure to NBFCs, especially older NBFCs etc. and more »

FOREX-Euro slides vs dollar as EU summit hopes wane - Reuters

The National

FOREX-Euro slides vs dollar as EU summit hopes wane Reuters Concerns also remained that Greece could leave the euro after elections next month, and about Spain's troubled banking sector. The Institute of International Finance said Spanish banks could need another 76 billion euros to cover loan losses. Euro falls as hopes dim of EU summit progressCNBC.com all 134 news articles »