Calamos Supports Greece

Goldman Sachs

NBG Hires Advisers for Sale of Turkish Finansbank

National Bank of Greece (NBG) has hired other banks including Goldman Sachs, Morgan Stanley and Bank of America Corp to work as advisers on the sale of 40% of Turkish Finansbank, reported Bloomberg. NBG is planning on selling its shares...

Goldman, Deutsche Bank to Buy National Bank's Buyout Firm

The private-equity units of Goldman Sachs Group Inc. and Deutsche Bank AG are reaching an agreement to purchase the buyout arm of National Bank of Greece SA. As reported in Bloomberg, Goldman Sachs Asset Management and DB Private Equity intend to...

Brits Buying On Greek Islands

The islands of the Cyclades, Kefalonia and Corfu rank among the five destinations that the British want to invest in. Falling prices in the property market of Greece have led  British looking for a holiday home in one of the...

Bank of Greece Acquires Eurobank

With Greek banks still reeling from big losses imposed by the government in a desperate bid to write down its staggering $460 billion debt, shareholders at Eurobank have voted to accept a buyout offer from the National Bank of...

Goldman Sachs Says No Greek Growth Plans

The President of the American investment firm Goldman, Sachs, blamed by some critics for helping cause Greece's crushing economic crisis with its financial instruments,said that Europe still faces “fundamental problems” and that policy makers don’t appear to have a...

Banking's Big Lie Breaks Cyprus

If banks loaned money at their own risk, there would be far less reprehensible moneymaking in the world. Unfortunately, that is not the case. Convinced that banks had all the answers to the ever-increasing socio-economic problems, governments have endorsed...