European Bank Recapitalization Unimpressive: Analysts
European banks seeking to recapitalize and meet new goals set for them by regulators are seeking to do so largely through internal actions than by raising outside funding from investors, and analysts are not impressed by the method.
Moody's Downgrades British Banks
Moody's on Friday downgraded a dozen U.K. banks, including Lloyds TSB Bank, a unit of Lloyds Banking Group, and Royal Bank of Scotland, saying that there was increasing likelihood that smaller banks would be allowed to fail if troubles worsened.
Coordinate EU Bank Recapitalization: Barroso
Regulators from the European Union were presented with a proposal to coordinate recapitalization of its banks at the second day of meetings on Thursday, as they considered ways to reassure investors who have been fleeing the banking sector.
S&P Sees Deeper Europe Bank Crisis on Fears of Sovereign Default
Ahead of summit meeting, credit agency S&P raps stress tests; European Commissioner raps credit agencies.
European Bank Stocks Crash After ‘Bankmageddon’ on Friday
Traders, analysts find bank stress tests to be lacking in credibility.
8 European Banks Fail Stress Tests
Stress tests on European banks revealed that eight failed, fewer than expected.
Bankmageddon: All Eyes on Europe as Bank Stress Tests Loom
Signs that banks are less willing to lend to one another raise specter of Euro-Lehman crisis.