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Big American Banks Inject $30bn into First Republic to Avert Crisis
A group of big American banks has injected $30bn into a smaller regional bank, First Republic, to avert the crisis in the sector.
The move...
Would Greek Banks Survive a Global Financial Crisis?
The shares of Greek banks took a hit on Wednesday following fears of a global meltdown after the troubles of banking giant Credit Suisse.
Piraeus...
Fitch Upgrades Rating of Three Major Greek Banks
Credit ratings agency Fitch raised on Monday the credit rating of three major Greek banks: Eurobank, National Bank of Greece and Alpha Bank. Last...
Thieves Attempt to Steal Ukraine Banksy Mural
Police in Ukraine arrested a group of people who were trying to steal the Banksy mural from the wall of a war-torn building.
According to...
Eldorado Gold Secures Finance from Greek Banks for the Skouries Project
Canadian firm Eldorado Gold has signed a mandate letter for a credit-committee-sanctioned €680 million finance facility from Greek banks to develop the Skouries project...
Huge Cyberattack Underway in Ukraine; State Banks Hit
A huge cyberattack is underway in Ukraine on Wednesday afternoon as officials say that its national banks and state-sponsored websites are being hit.
The Foreign...
Banksy’s Self-Shredding Artwork Sells for $25.4 Million
Famed anonymous street artist Banksy has sold a self-destructing artwork for $25.4 million on Thursday. The piece is well known for shredding itself into...
Moody’s Upgrades the Four Largest Greek Banks
The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all...
Greek-Led Crime Ring Busted for Stealing Millions From US Banks
A Greek-led criminal network that used shell companies to steal over $12 million from 50 US financial institutions has been dismantled following a cross-border...
Greece in Talks With London-Based Banks for Relocation to Athens
The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official...