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Bans Imposed on Some European Short Selling

Wall Street Journal Original article ›

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Ban on short selling in Europe- 2011-2012

08/12/2011

The governments of France, Belgium, Spain and Italy announced a 15 day ban on the short selling of certain financial stocks and derivatives. This followed deep declines in French banking stocks after false rumors about Societe Generale on August 10-11, 2011.

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Spain's Bankia bank

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The consolidation of a number of Spanish savings banks under government direction led to the creation of Bankia, Spain's third largest bank. Efforts to recapitalize these banks which have large accumulated large debt from the real estate boom is part of the Spanish government's effort to tackle the debt crisis facing Spain. Rodrigo Rato, a former finance minister and managing director of the IMF, heads Bankia and the effort to restore confidence in Spain's banking system.

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Spanish Banks More Vulnerable Than Italy's

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Spain's Bankia Returns to Profit

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A Former IMF Leader Tackles IPO Challenge

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Societe Generale performance

02/02/2008

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Societe Generale Reports Profit in Fourth Quarter

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Société Générale Is Fitter, Not Fixed

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Fear, Rumors Pummel Europe Bank Shares

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Bans Imposed on Some European Short Selling

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BNP Paribas

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In U.S., BNP Must Pay to Play

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U.S. Wants Firings at France's BNP

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Possible U.S. Fines Increase Tensions at BNP Paribas

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Banco Santander performance

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Credit Agricole performance

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Banks Conduct Greek 'Fire Drills'

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Crédit Agricole Takes Greece Hit

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