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Piraeus Bankâs Michalis Sallas Reaches the Top in Greece
Keywords:
Greece's Piraeus Bank SA
12/01/2011
Grouped Articles
Piraeus Bankâs Michalis Sallas Reaches the Top in Greece
New York Times 06/10/2013
Greece's Piraeus Swings to Large Loss
Wall Street Journal 12/01/2011
As Bank Withdrawals Surge, Athens Relies More on ECB
Wall Street Journal 05/16/2012
Largest Greek Banks to Receive Financing
New York Times 05/22/2012
Greece's banks and the debt crisis
06/14/2011
Grouped Articles
Piraeus Bankâs Michalis Sallas Reaches the Top in Greece
New York Times 06/10/2013
In Greece, Banks Ask E.C.B. for Access to Emergency Aid
New York Times 01/16/2015
American Billionaire Makes Risky Bet on Greece Debt Deal
New York Times 06/09/2015
Wall Street Journal 07/04/2015
Collapse of Greek Bailout Deal Brings Surprise Boost to German Coffers
Wall Street Journal 07/04/2015
Greek Bank Vortex Threatens Deal Hopes
Wall Street Journal 07/06/2015
The 2010 and 2011 EU stress tests that failed of Laiki Bank and Bank of Cyprus- origins of the banking crisis in Cyprus
07/16/2011
The two Cyprus banks passed the EU's 2010 stress tests, and passed them again in 2011, going on to give out dividends and increase their exposure to Greece, even as Greece faced a deepening financial crisis. The two banks increased their holdings of Greece's bonds by $1 billion in 2010, according to EU regulators, and took on more risks. The EU stress tests looked at how the banks would do in deteriorating economic conditions but did not consider the possibility of losses from sovereign government bonds.
Grouped Articles
Wall Street Journal 07/16/2011
Europe Fails Another Stress Test
Wall Street Journal 07/16/2011
IMF Chief's Change of Tune on Bank Capital
New York Times 09/14/2011
IMF Urges EU Banks To Raise Capital
Wall Street Journal 09/22/2011
Piraeus Bankâs Michalis Sallas Reaches the Top in Greece
New York Times 06/10/2013
Stress Tests Won't Prevent the Next Financial Crisis
Wall Street Journal 03/19/2014
The recapitalization of Greece's banks in 2012
05/22/2012
Grouped Articles
Piraeus Bankâs Michalis Sallas Reaches the Top in Greece
New York Times 06/10/2013
American Billionaire Makes Risky Bet on Greece Debt Deal
New York Times 06/09/2015
Wall Street Journal 07/04/2015
Largest Greek Banks to Receive Financing
New York Times 05/22/2012
Biggest Greek Banks in Merger Talks
Wall Street Journal 10/07/2012
Cyprus Popular Bank (Laiki Bank) and the Bank of Cyprus 2006-2013- the path leading to the EU bailout of 2013
07/16/2011
Cyprus Popular Bank and the Bank of Cyprus passed EU stress test in 2010 and 2011, resulting in the banks issuing dividends and increased their holdings of Greece's bonds even as the Greece faced a financial crisis in 2010. The losses from Greece bonds totalled 4.3 billion euros for the two banks in 2013, leading to the closing of Laiki Bank and the downsizing of the Bank of Cyprus under an EU bailout. The bank also made other risky investments in Greece, with the chief risk officer of Laiki Bank taking on more risks in 2010-2011 even as other European banks were reducing their investments in Greece.
Grouped Articles
Europe Fails Another Stress Test
Wall Street Journal 07/16/2011
IMF Urges EU Banks To Raise Capital
Wall Street Journal 09/22/2011
Piraeus Bankâs Michalis Sallas Reaches the Top in Greece
New York Times 06/10/2013
Wall Street Journal 07/04/2015
Wall Street Journal 03/28/2013
Cyprus Capital Controls Come Years After They Were Needed
New York Times 03/28/2013
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