sovereign debt
Allianz : confirms 2012 outlook after solid second quarter
German insurance giant Allianz posted a solid second-quarter net profit, boosted partly by its life and health divisions, and confirmed its full-year outlook.
Net profit...
M&A :EMEA region businesses continue to be affected by sovereign debt crisis
The full-year 2011 edition of EMEA Deal Drivers, published by mergermarket in association with Merrill DataSite, provides an extensive review of M&A activity in...
Fitch Ratings : Generali outlook downgraded to negative from stable
Fitch Ratings has changed Italian insurer Generali’s outlook to negative from stable. This rating action is related to the downgrade of the Italian sovereign...
Italy : bank default insurance costs hit record high
Eurozone countries have been battered, Italy in particular, as the fears over the Eurozone sovereign debt crisis escalate. Furthermore, the cost of insuring Italian...
Greece : hopes EU / private sector deal completed by October
Greek Finance Minister hopes to have completed all procedures for the new debt rescue deal, including a bond swap with private creditors, by early...
Institute of International Finance optimistic about Greek deb swap
A voluntary swap of privately held Greek bonds as part of the debt-laden country's bailout will be successful and help it return to bond...
EIOPA : Eurozone debt crisis biggest threat to insurers
EIOPA is warning insurers about the Eurozone sovereign debt being their biggest threat. The risk related to their government bond holdings could suffer losses.
"The...
Bank test : eight European banks failed
The European Banking Authority (EBA) said after the market close on Friday that eight banks failed the stress test with a total capital shortfall...
Europe : debt crisis may affect more countries
The Bank for International Settlements said sovereign debt crises are expected to widen to more countries, and public debts are more likely to be...
Spanish banks strain to borrow abroad
Spanish financial institutions are having increasing problems in borrowing from foreign banks because of concerns about Spanish sovereign debt, the Expansion daily reported on...
