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EU banks face potential losses of 300 billion euros from troubled EU countries. 120 billion euros from Italy, Spain and Belgium, 60 billion euros from Greece, 20 billion euros from Ireland and Portugal, and $100 billion euros from other banking exposure, accordig to the IMF. IMF managing director, Christine Lagarde, has pointed to the urgent need for recapitalization of European banks,urgently because restricted lending by EU banks in the absence of recapitalization could further damage the economies of EU countries.
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07/13/2011
Bank of Italy Inspecting Top Lenders' Books
Wall Street Journal 07/30/2013
Central Bank Details Somber State of Europe’s Banking System
New York Times 10/13/2014
Wall Street Journal 07/04/2015
The Banker Who Is No Longer Welcome in Restaurants
Wall Street Journal 01/27/2016
Italy Agrees on Fund to Support Battered Lenders
Wall Street Journal 04/12/2016
The loan to deposit ratios for European banks are on average over 110%. For U.S. banks it is about 78%. This means banks rely on borrowed money from money markets and other institutions, for loans made in excess of the deposits made at the banks. The borrowings are on a short term basis. The loan to deposit ratios for Spanish banks are about 160% for Bankia, and 115% for Banco Santander. The situation is similar in Italy.
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
In Europe, Banks Borrowing to Stay Ahead of the Tide
New York Times 06/10/2012
Europeâs Mightiest Banks Still Grapple With Crisis
New York Times 06/27/2012
Bundesbank Stresses Divide on Bond Buying
Wall Street Journal 08/02/2012
On the agenda during discussions in June between the EC, ECB and the German government, is deposit insurance for eurozone banks, and a supervisory financial authority for eurozone banks (Single Resolution Mechanism) within the EC with powers transferred from sovereign states to the the supervisory banking authority. These issues take priority because of fears of bank runs on banks in Greece, Spain and other countries. France is pushing for a new Eurozone Architecture that will form the basis of the euro currency.
Grouped Articles
ECB Hits the Road for Star Supervisors
Wall Street Journal 06/26/2013
European Union Offers Berlin Compromise on Bank Proposal
New York Times 07/12/2013
Wall Street Journal 03/03/2010
The Man Whoâll Do Triage on Europeâs Banks
New York Times 10/20/2013
ECB Nominates French Regulator for Euro-Zone Post
Wall Street Journal 11/23/2013
ECB Nominates New Banking Regulator
New York Times 11/20/2013
Grouped Articles
IMF Urges EU Banks To Raise Capital
Wall Street Journal 09/22/2011
UniCredit Posts Massive Net Loss on Loan, Acquisition Write-downs
Wall Street Journal 03/12/2014
Wall Street Journal 11/17/2011
European Banks Shuffle Bonds to Bolster Capital
New York Times 12/08/2011
Europe's Banks Retreat From the East
Wall Street Journal 12/13/2011
Why European Banks Are Sacrificing Growth
BusinessWeek 12/15/2011
French banks BNP Paribas, Societe Generale, Credit Agricole and other banks expanded in Greece. This is now turning out to be a burden.
Grouped Articles
Wall Street Journal 06/23/2011
Derivatives Cloud the Possible Fallout From a Greek Default
New York Times 06/22/2011
A Guide to the New Deal in Athens: How a 'Selective Default' Works
Wall Street Journal 07/22/2011
Wall Street Journal 07/22/2011
Fear, Rumors Pummel Europe Bank Shares
Wall Street Journal 08/11/2011
Bans Imposed on Some European Short Selling
Wall Street Journal 08/12/2011
Grouped Articles
Germany’s Battered Regional Lenders Tiptoe Back Into Risk
Wall Street Journal 11/02/2015
Wall Street Journal 11/07/2011
Why European Banks Are Sacrificing Growth
BusinessWeek 12/15/2011
French Banks Thrust Into Limelight
Wall Street Journal 01/14/2012
Long-term understanding of the U.S. economic crisis - The Washington Post
Washington Post 03/19/2012
In Europe, Banks Borrowing to Stay Ahead of the Tide
New York Times 06/10/2012
Downgrades by Moody's ratings for Germany's Landesbanks in November 2011.
Grouped Articles
Germany’s Battered Regional Lenders Tiptoe Back Into Risk
Wall Street Journal 11/02/2015
Moody's Downgrades 10 German Lenders
Wall Street Journal 11/17/2011
Europeâs Mightiest Banks Still Grapple With Crisis
New York Times 06/27/2012
Grouped Articles
Germany’s Battered Regional Lenders Tiptoe Back Into Risk
Wall Street Journal 11/02/2015
German Banks Stronger, but Risks Remain, Report Says
New York Times 11/25/2010
Some German Banks May Fall Short in Stress Tests
New York Times 04/08/2011
German Banks May Add to Capital
Wall Street Journal 04/06/2011
Stress Rules Hit 2 German Banks
Wall Street Journal 04/13/2011
Wall Street Journal 06/16/2011
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07/13/2011
New York Times 05/17/2013
The Pain in Spain Falls Mainly on the Cajas
BusinessWeek 02/25/2010
Economist 05/29/2010
Spain's cajas: Thinking outside the box
Economist 07/31/2010
Spain's banks: Two cheers, three tiers
Economist 10/02/2010
Grouped Articles
Dollars to the European Rescue
Wall Street Journal 09/16/2011
IMF Urges EU Banks To Raise Capital
Wall Street Journal 09/22/2011
German Bankers Argue Against Capital Plans
Wall Street Journal 10/14/2011
European Banks Face Deadline to Raise Capital Levels
New York Times 10/13/2011
French Banks Absorb New Hit From Greek Debts
Wall Street Journal 10/15/2011
Banks Conduct Greek 'Fire Drills'
Wall Street Journal 11/04/2011
Grouped Articles
No Greeks Bearing Gifts for French Bank
Wall Street Journal 05/23/2012
Europeâs Mightiest Banks Still Grapple With Crisis
New York Times 06/27/2012
Emporiki Hits Crédit Agricole Net
Wall Street Journal 08/28/2012
Cost of Leaving Greece Rises for Crédit Agricole
Wall Street Journal 09/24/2012
Crédit Agricole Takes Greek Hit
Wall Street Journal 11/10/2012
Landesbanks have suffered steep losses in 2008-2010. The much needed reorganization of this sector and the European stress tests for 91 banks in July 2010.
Grouped Articles
IMF Chief's Change of Tune on Bank Capital
New York Times 09/14/2011
Germany’s Battered Regional Lenders Tiptoe Back Into Risk
Wall Street Journal 11/02/2015
Will Stress Tests Overcome Resistance to German Bank Reform?
New York Times 07/21/2010
Some German Banks May Fall Short in Stress Tests
New York Times 04/08/2011
Stress Rules Hit 2 German Banks
Wall Street Journal 04/13/2011
Moody's Downgrades 10 German Lenders
Wall Street Journal 11/17/2011
Sarkozy of France and Merkel of Germany insist that pay curbs for bankers be high on the agenda for the G20 meeting in Pittsburgh. They are particularly riled by the huge bonuses bankers are taking in the midst of the continuing financial crisis.
Grouped Articles
Wall Street Journal 10/31/2013
Royal Bank of Scotland to Slash Costs as Losses Deepen
Wall Street Journal 02/28/2014
Wall Street Bonuses Are an Outrage
Wall Street Journal 02/04/2009
U.K. Bankers to Wait Seven Years for Bonuses
Wall Street Journal 06/24/2015
The U.K.'s New Bonus Claw Back Rules
Wall Street Journal 06/24/2015
British Regulators Extend Clawback Rules for Bankers’ Pay
New York Times 06/23/2015
The situation after bailout of Irish banks in November 2010 by the EU. The Irish banks had passed European stress tests. Portuguese and Spanish banks may face a similar situation.
Grouped Articles
Wall Street Journal 07/16/2011
Europe Fails Another Stress Test
Wall Street Journal 07/16/2011
The Battle Over Bank Rules at Basel III
BusinessWeek 05/27/2010
Wall Street Journal 09/13/2010
Basel Rules Unlikely to Force Capital Raising
Wall Street Journal 09/14/2010
Wall Street Journal 09/14/2010
Issues of European banks, including recapitalization.
Grouped Articles
Europe's Elusive Stash of Cash
Wall Street Journal 07/09/2010
Crisis Awaits Worldâs Banks as Trillions Come Due
New York Times 07/11/2010
European banks: The last idealists
Economist 12/11/2010
French Banks Warned on Their Greek Debt
Wall Street Journal 06/16/2011
Wall Street Journal 07/13/2011
U.S. Bank Stocks Fall on Anxiety About Europe
New York Times 08/18/2011
Grouped Articles
French Banks Warned on Their Greek Debt
Wall Street Journal 06/16/2011
Wall Street Journal 06/16/2011
Bans Imposed on Some European Short Selling
Wall Street Journal 08/12/2011
Economist 08/13/2011
U.S. Bank Stocks Fall on Anxiety About Europe
New York Times 08/18/2011
Woes at French Banks Signal a Broader Crisis
Wall Street Journal 09/12/2011
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07/13/2011
Bank of Italy Inspecting Top Lenders' Books
Wall Street Journal 07/30/2013
Wall Street Journal 10/10/2013
Italian Banks' Woes Hurt Small Firms
Wall Street Journal 12/02/2013
Italian Banks are the Weakest Performers in E.C.B. Review
New York Times 10/26/2014
The Banker Who Is No Longer Welcome in Restaurants
Wall Street Journal 01/27/2016
German state-owned banks that engaged in reckless risktaking and had to be supported by the German central bank to prevent complete collapse.
Grouped Articles
Debt Puts German Banks in a Bind
Wall Street Journal 08/20/2007
Europeâs Mightiest Banks Still Grapple With Crisis
New York Times 06/27/2012
Grouped Articles
Fears Remain After Deutsche Bank's Cash Haul
Wall Street Journal 05/02/2013
Deutsche Bank Plans to Extend Contract of Co-CEO
New York Times 09/11/2013
Deutsche Bank Hit By Legal Costs
Wall Street Journal 10/30/2013
Deutsche Bank Deserves Bite Bair Gave It
Wall Street Journal 06/07/2010
Deutsche Loss Underlines European Economy’s Dependence on Banks
New York Times 01/20/2014
Deutsche Bank Chiefs Say Lender Is Stronger
Wall Street Journal 01/31/2014
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07/13/2011
Spain's banks: Two cheers, three tiers
Economist 10/02/2010
Spain's Bankia Returns to Profit
Wall Street Journal 02/04/2014
Loan Growth Suffers at Spanish Banks
Wall Street Journal 11/13/2015
Spain to Approve Cajas Regulatory Overhaul
Wall Street Journal 07/09/2010
Crisis Awaits Worldâs Banks as Trillions Come Due
New York Times 07/11/2010
Grouped Articles
Revenue Slumps at BNP Paribas, but Profit Rises on Cost-Cutting
New York Times 10/31/2013
BNP Paribas Hit by $1.1 Billion Legal Provision
Wall Street Journal 02/14/2014
BNP Paribas Aims for Double-Digit Earnings Growth
Wall Street Journal 03/25/2014
Justice Dept. Seeks More Than $10 Billion Penalty From BNP Paribas
Wall Street Journal 05/30/2014
Wall Street Journal 05/31/2014
U.S. Wants Firings at France's BNP
Wall Street Journal 05/31/2014
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