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Greece Sells Stakes in Two Major Banks

Greece on Monday announced plans to sell a 20 percent stake in the National Bank of Greece (NBG) after concluding the sale of a...

Would Banksy Finally Be Unmasked?

Renowned and hidden street artist Banksy, known for painting walls anonymously, has finally recently been identified and unmasked after years of remaining unknown to...

Greek Banks Win Credit Upgrades from Fitch and Moody’s

Greek systemic banks earned credit upgrades from credit agencies Fitch and Moody's on Tuesday following a recent round of upgrades of Greece's credit rating. Fitch...

Yanis Varoufakis States “Let The Banks Burn”

Former Finance Minister of Greece, economist Yanis Varoufakis, proposes a digital alternative to private banking, provided by central banks.

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...