Spain hires Goldman Sachs to value Bankia-financial source MADRID, May 18 (Reuters) – The Spanish government has hired Goldman Sachs to value Bankia and advise the economy ministry after the bank was partly taken over by the state last week, a financial and…
Italy banks face more headwinds after downgrade * Banca Monte dei Paschi di Siena cut to just above “junk”
Continue reading …Italy 3-yr bond yield up sharply ahead of auction MILAN, May 14 (Reuters) – The yield on a three-year Italian bond the Treasury is offering at auction on Monday rose more than 30 basis points from Friday ahead of the sale as Greece’s political woes…
Continue reading …UPDATE 1-Greek president makes last push to avert elections ATHENS, May 13 (Reuters) – Greece’s president meets party leaders on Sunday in a final bid to cobble together a coalition and avert a repeat election, but the veteran politician’s effort looked set…
Continue reading …Greece’s young leftist Tsipras delivers political earthquake ATHENS, May 6 (Reuters) – Greece’s youngest political leader Alexis Tsipras was the big beneficiary of Sunday’s national election as austerity-fatigued voters catapulted his Left Coalition party…
Continue reading …Should Robots Replace Financial Regulators? Investment advisers are being examined infrequently, inconsistently and incompletely—and regulators are outnumbered. It’s time to put computers on the case.
Continue reading …This Week Stocks eked out a gain this week; home sales had their worst monthly drop since August; and more investors cited the economy as a concern, a survey found.
Continue reading …UPDATE 1-Luca Technologies withdraws IPO plans * Cites adverse market conditions as reason for withdrawal
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