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Many worry, with good reason, about the rise of the far right across Europe, but they would do well to take these divisions seriously — it pays to know who you’re dealing with.
European banks appear better positioned than U.S. peers to weather any stress from commercial property after an interest rate surge, but that does not mean Europe is out of the danger zone ...
Europe will press the G7 group of industrialised economies next week to demand more disclosure from banks on their securitisation activities and the exotic securities behind the global credit crunch.
LONDON — European banks appear better positioned than U.S. peers to weather any stress from commercial property after an interest rate surge, but that does not mean Europe is out of the danger zone.