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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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The FT reports that Athens told banks handling the sale of this weekâ??s â?¬5bn Greek bond issue to make sure they did not allocate any bonds to hedge funds or any bodies that might be a proxy for them.
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Hugh Hendry, the hedgefund manager and Joseph Stiglitz discussed Greece and the EUR on BBC Newsnight. Watch the Video on HEDGEweb.
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Losses on commercial real estate loans pose the biggest risk to U.S. banks this year, troubling smaller lenders while unlikely to threaten the entire financial system, U.S. bank examiners concluded during a review.
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Greeceâ??s rating was lowered to A2 from A1, Moodyâ??s said in a statement from London today. That left it five steps above non-investment grade and two higher than the levels assigned to it by Standard & Poorâ??s and Fitch Ratings. The rating is the lowest among the 16 euro-member states and the same as that of Poland and Botswana.
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