Banking Connects News

Stocks: European Worries Dominate

NEW YORK (CNNMoney) -- U.S. stocks pointed to a lower open Monday as investors remained uncertain about the debt crisis in Europe.

Stocks: European Worries Dominate

EU Banks Selling ‘Crown Jewels’

European banks, under pressure from regulators to bolster capital, are selling some of their fastest-growing businesses to competitors from outside the region -- at the expense of future profit and economic growth.

EU Banks Selling ‘Crown Jewels’

Australian Business Conditions Improve in November

Business conditions in Australia improved slightly in November as a result of a boost in mining, retail and services sectors, a survey by National Australia Bank (NAB) showed Tuesday.

Australian Business Conditions Improve in November

Jitters over Europe Drive the Euro Below $1.30

NEW YORK -- The euro fell below $1.30 Wednesday on fears that European leaders won't be able to solve the region's debt crisis. It's the first time the euro has fallen below that level since January.

Jitters over Europe Drive the Euro Below $1.30

Pressure Mounts for More ECB Action

Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financial markets judged that yet another EU summit had failed to resolve the euro zone's debt crisis.

Pressure Mounts for More ECB Action

Judge Allows MF Global to use JP Morgan Cash Collateral

A judge on Wednesday said MF Global Holdings could continue using up to $21.3 million in cash collateral it has in accounts with J.P. Morgan Chase.

Judge Allows MF Global to use JP Morgan Cash Collateral

How Fed Policymakers Affect the Economy

The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy.

How Fed Policymakers Affect the Economy

Swisher shares fall 8% on down day on Wall Street

Swisher Hygiene Inc. shares lost more than 8 percent in value Tuesday on another down day for Wall Street.

Swisher shares fall 8% on down day on Wall Street

Bank of America Lags Peers in Customer Satisfaction

Bank of America ranks the lowest of all its peers in customer satisfaction, according to the 2011 American Customer Satisfaction Index, released Tuesday.

Bank of America Lags Peers in Customer Satisfaction

Greece: Govt will Cut Spending but No New Taxes

ATHENS, Greece – Greece will cut spending further but it won't impose new taxes, its finance minister said Monday, adding that talks with international debt inspectors on a second rescue package were at a "difficult and critical" stage.

Greece: Govt will Cut Spending but No New Taxes