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Friday, October 05, 2012

Spain says convinced will find investors for bad bank

LONDON (Reuters) - Spain's Economy Minister said on Thursday he was certain the country would find interest from the private sector for the 'bad bank' it is setting up to park billions of euros in soured real estate assets.

Thursday, October 04, 2012

ECB seen keeping interest rates on hold

BRDO PRI KRANJU, Slovenia (Reuters) - The European Central Bank is expected to hold interest rates when it meets on Thursday to allow time for new details to emerge on the health of the euro zone economy and for Spain to ask for aid.

Wednesday, October 03, 2012

EU says banks should split risky trading from banking

A European Union advisory group says that Europe's banks should be split into separate legal entities, in order to protect ordinary retail banking from risky trading.

Tuesday, October 02, 2012

Europe focused on union rather than breaking up banks

BRUSSELS (Reuters) - Experts may recommend this week that European banks should separate retail banking from their riskier investment arms to make them safer and soften the impact of financial crises.

Monday, October 01, 2012

Energy fuels euro inflation but ECB rate cut still on

(Reuters) - Euro zone inflation accelerated in September as energy costs soared but core prices stayed low, likely leaving the European Central Bank on track to cut interest rates soon.