Greece Offered Alternative Bailout: Australian Offers to Buy Greece's Debt
Australia local offers to buy the troubled Eurozone out of debt through a crowdfunding campaign
JPMorgan's 'London Whale' Loss Will Not Hit Bank's Solvency, Says OCC Head
Office of the Comptroller of the Currency Thomas Curry says the $2bn loss will not create a solvency issue for JP Morgan at the bank's CEO Jamie Dimon second testimony.
Delayed Detailed Spain Bank Audit Increases Bailout Speculation
The full audit of Spanish banks being delayed until September raises fears that Spain will need more than its originally agreed IMF €100bn bailout.
Singapore Defies Global Gloom with Surging Economic Growth [VIDEO]
Ratings agency Moody's report on the triple-A rated Asian tiger highlights resilience of Singapore's economy
Morgan Stanley Looks to Settle Hybrid Bond Lawsuit Brought By Irish Nuns
The investment bank is looking to settle out-of-court after nuns and other investors sued the bank over a hybrid bond sale
Singapore: Resilient to global financial shocks
Moody’s has revealed a key beacon for growth in Asia, according to its latest report.
Danone Shares Fall Sharply After Profit Warning
World’s largest yoghurt maker warns of operating profit margin decline on Spain market deterioration
G20 Draft Communique Presses for European Action on Crisis as IMF 'Firewall' Strengthened
G20 Draft Communique to boost IMF firewall, tackle the sovereign debt crisis and prevent further emerging market contagion.
Fitch Lowers India's Credit Outlook to Negative at the Cusp of Junk Status
Ratings agency Fitch slashes India's credit rating outlook to negative, following similar calls from Standard & Poor's earlier this month.
India Energy Demand May Stoke Inflation, Dampen Growth in Asia's Third Largest Economy
As India seeks more oil and gas from OPEC and the wider markets following Iran's sanction woes, the move could intensify growth problems and high inflation
India Keeps Key Rate Unchanged Amid Inflation Concerns
India's central bank defies market expectations for an interest rate cut and keeps rates unchanged
Iran Sanctions Forces India To Demand Extra OPEC Oil: Will Rebalance Prices
Extra oil demand from India, following cut backs from Iranian imports on sanction woes, will help push prices back up in H2 this year, say analysts
Moody’s Slashes Ratings for Dutch and Belgian Banks
Moody’s downgrades five Dutch banking group credit ratings, including ING and Rabobank and Belgium’s KBC
Is the Powerful Banking Lobby on the Ropes? Osborne Pushes Ahead With Vickers Report Reforms
As UK Chancellor George Osborne defies bank industry lobbyists by pushing forward investment and retail banking ‘ring-fencing’ at his Mansion House speech on Thursday.
Credit Suisse Shares Plunge to Decade Low After SNB Warning on Capital
Credit Suisse stocks fall to 10 year lows after the Swiss National Bank pressurized the group to bolster its capital and halt payouts .
Greek Elections: 'Grexit' Crossroads as Voters Face Grim Choice of Euro Austerity or Drachma Return
As the Greek elections loom this weekend, IBTimes UK takes a look at how the event will shape up, will Greece leave the Euro and of course the battle for the public to vote for a pro-bailout party.
Greek Bank Stocks Soar on Pro-Bailout Votes Ahead of Election
Greek banking stocks surge on Thursday, as markets pin hopes on Greeks voting for a pro-bailout government, ahead of the elections on Sunday.
JP Morgan's Jamie Dimon Fights Back at US Senate Committee on 'London Whale' Loss [VIDEO]
Dimon defends JP Morgan's banking and risk management practices at US Senate Banking Committee, after Bruno Iksil racked up $2bn in losses at the CIO unit
Sir Martin Sorrell's £6.8m Pay Deal Rejected by WPP Shareholders
Shareholder Spring intensifies as stockholders revolt against WPP's CEO Sir Martin Sorrell 60 percent pay hike.
JPMorgan's $2 billion 'London Whale' Loss Challenges Industry's Risk Measures [VIDEO]
As Jamie Dimon face a US Senate committee over the huge CIO trading loss, IBTimes UK takes a look whether the flawed use of the Value-at-Risk model was to blame for the downfall.
US Senate Committee hears JP Morgan's Dimon's testimony
‘London Whale’ losses prompts risk management questions.
'Shareholder Spring' To Reignite Over Major Rise in FTSE 100 CEO Pay
New report showing the average 10% increase in FTSE 100 CEO wages will likely inflame the shareholders revolt against executive pay
Opec Ministers at Odds on Output ahead of Key Gathering [VIDEO]
Oil ministers at Organisation of Petroleum Exporting Countries reveal conflicting opinions on restricting oil output to slow falling prices.
OPEC: Oil market awaits key meeting this week
All eyes turn towards OPEC this week, when the 12 strong member group will form a contingency plan on how halt tumbling oil prices.
WPP's Martin Sorrell To Face Executive Pay Shareholder Backlash
Advertising giant WPP's CEO will be the latest to face shareholder backlash over his increased executive pay
Counting the Costs: BP Gulf of Mexico Oil Spill
Shares rise as BP is on the cusp of settling one of its many cases related to the Gulf of Mexico oil spill for at a lower settlement fee, say reports.
Iata Warns Airlines of Worsening Eurozone Crisis and Oil Price Rise Risks
International Air Transport Association says deepening eurozone sovereign debt crisis and rising oil prices threaten to wipe out airline industry profits and targets
UBS Alleged 'Rogue Trader' Kweku Adoboli Granted Bail
Ex-UBS employee charged with unauthorised trading is granted bail by a UK court
Gazprom Neft Denies Plans to Buy BP's 50% Stake in TNK-BP: Report
OAO Gazprom neft chief dismisses reports that the group is looking to buy BP's stake in TNK-BP
China's First Big Step Towards Interest Rate Liberalisation
China's surprise interest rate cut is the first major step towards making banking more competitive while liberalising its currency.
