European banks pledged last year to cut more than $1.2 trillion of assets to help them weather the sovereign-debt crisis. Since then they’ve grown only fatter.
The French are crying foul.
A surge in Spanish banks shows investors are betting the nation’s 3.4 trillion-euro ($4.5 trillion) financial industry is beginning to heal.
Simon Maughan, an analyst at MF Global, talks with Bloomberg's Ken Prewitt and Tom Keene. For more ``Surveillance'' and ``On the Economy'' podcasts, please visit iAmplify.com.
European banks are being forced to sell more long-term bonds as regulators seek to prevent another financial crisis. European insurers say their own regulator will stop them from buying such debt.
Banco Santander SA Chairman Emilio Botin judged Javier Marin ready to run Spain’s largest bank. Now Marin has to prove himself to investors.
Barclays Plc is planning to move its commodities division into a so-called bad bank of unwanted assets and units to be overseen by Eric Bommensath, according to a person familiar with the plan.
Olivetree’s Maughan Sees `Happy Hunting’ for Stocks
Maughan Says Germany’s View on Greece to Prevail
Maughan Says S&P Downgrade Highlights Poor Economy
MF Global’s Maughan Says Greece Near The ‘End Game’
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