The Italian industrialist looked the part. An elegant suit (I think I spotted "Canali" on the inside pocket), a full mane of hair with enough salt in his pepper to make him look distinguished, and the polite manners that come from ...
FRANKFURT (MarketWatch) — An averted funding crisis, a steep drop in Italian and Spanish borrowing costs and a global equity rally to boot — the European Central Bank’s December decision to flood the euro area’s financial system with ...
SINGAPORE—Hong Kong and Singapore banks would be resilient to a mild slowdown in the euro zone, but a severe recession could spur a jump in non-performing loans and a credit crunch, with European lenders likely to withdraw en masse, ...
The European Central Bank's offer of three-year loans delivered a shot of adrenaline to financial markets. Spanish and Italian bond yields have fallen, banks' stock prices have risen and the cost of insuring European bank debt via ...
By Tom Barkley and Maya Jackson-Randall U.S. consumer credit expanded in March at the fastest pace since late 2001, boosted by higher student borrowing and a rebound in credit-card use.
The Federal Reserve should raise the minimum cash reserve requirements on bank deposits. This will have virtually no immediate impact on credit flows, but it will serve as an insurance policy against the growing risk of inflation.
Central banks are doing what they can to lift post-crash economies back into growth. They're finding it hard because the same force that was so crucial to economic expansion before the credit crunch was also behind the financial markets' ...
(Caixin Online) — Far from abating, the euro crisis has recently taken a turn for the worse. The European Central Bank relieved an incipient credit crunch through its longer-term refinancing operations. The resulting rally in financial ...
Dexia SA, the troubled Franco-Belgian financial group, booked a €431 million ($560.6 million) loss in the first quarter, driven by costs related to its government-orchestrated dismantling and a loss on its investment in an Austrian bank.
MARKETWATCH FRONT PAGE The European Central Bank’s second long-term refinancing operation may provide a further boost to a wide range of assets this week. But the jury remains out on whether it can prevent a credit crunch or provide more ...
The European Central Bank's "long term refinancing operation" helped Europe to steer clear of a damaging credit crunch. But can a second dose help the region to grow? Heard on the Street's Richard Barley has been looking ...
FRANKFURT—Europe has begun to prepare for Greece's possible exit from the euro zone ahead of a crucial round of elections in the country next month, which are fast becoming a referendum on its membership in the common currency.
Airlines have raised the fees on free. In exchange for giving travelers who redeem miles more seats to choose from, carriers are tacking on bigger surcharges.
One gamble that's paid off well in the past year has been buying stocks in gaming companies operating in Macau. Stocks like Las Vegas Sands Corp.'s Hong Kong-listed unit, Sands China Ltd., and Wynn Macau Ltd. have been on a tear since ...
![[sm061210things]](http://s.wsj.net/public/resources/images/PF-AC562_sm0612_C_20120514113337.jpg)
![[sm0612wedding4]](http://s.wsj.net/public/resources/images/PF-AC579_sm0612_C_20120515172853.jpg)
![[sm0612strat]](http://s.wsj.net/public/resources/images/PF-AC580_sm0612_C_20120515180019.jpg)
![[sm0612roi]](http://s.wsj.net/public/resources/images/PF-AC573_sm0612_C_20120515125902.jpg)
