News
Bloomberg | ECB Says Banks to Repay More Than Forecast of 3-Year Loan
The European Central Bank said banks will next week repay more of its emergency three-year loans than economists forecast in another sign the euro region’s debt crisis is abating.
CNN Money | Say goodbye to more bank branches
Overall, banks closed 2,267 branches last year and opened only 1,149, according to research firm SNL Financial. That resulted in a total loss of 1,118 branches nationwide -- the highest level since 2005, when the firm began tracking closures.
CNBC | Interest Rates Will Spike This Year: Soros
There will be a dramatic rise in interest rates as soon as there are clear signs the U.S. economy is picking up, billionaire financier George Soros told CNBC.
Econ Comments & Analysis
Fortune | Making the case for negative interest rates
Former Fed official Alan Blinder talks about how to fix the economy, where the next crisis will come from, and how scared investors should be.
Real Clear Markets | With Each Central Bank Move, Nations Are Impoverished More
Banca Monte dei Paschi di Siena SpA is back in the news again, making headlines for derivatives trades. The oldest banking concern in the world cannot seem to catch a break, having trod down the hidden road toward its own version of extend and pretend.
