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By Geoffrey T. Smith and Eyk Henning Austria nationalized a key regional bank, Hypo Group Alpe Adria, in a multibillion-euro bailout that offered a fresh reminder that Europe's banks remain vulnerable to shocks, despite recent signs of economic... Full Article at Wall Street Journal
LONDON (MarketWatch) -- Austria said Monday that it has nationalized its sixth-biggest lender Hypo Group Alpe Adria after rising loan losses, particularly in Eastern Europe, threatened to bring down the bank. Full Article at MarketWatch
European Central Bank President Jean Claude Trichet (L) talks with Italian Finance Minister Giulio Tremonti on November 10,2009 during an Ecofin meeting at the EU headquarters in Brussels. View Photo »
We very much share that view expressed by the Treasury secretary and we also share the views expressed by (Federal Reserve chairman) Ben Bernanke
After France joined Britain’s move to clamp down on bonuses at banks, the president of the European Central Bank stepped up the pressure even more on Friday, attacking the “so-called bonus culture” as a route to selfishness, The New York Times’s... Full Article at Dealbook
Calculated Risk: Refinancing with Negative Equity: Unfortunately David Streitfeld doesn't provide any further information on Belvedere's loan. Full Article at Brad DeLong's Semi-Daily Journal
AWARDING BANKERS big bonuses risks contributing to a future financial crisis, Jean-Claude Trichet, European Central Bank president, has warned. Full Article at Irish Times
President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. View Photo »
There is no such possibility. We have two of the most prominent Europeans who know the economy very well -- the chairman of the Eurogroup, Jean-Claude Juncker, and the president of the European Central Bank, Jean-Claude Trichet -- who said we are not going to default
After France on Friday joined Britain’s move to clamp down on bonuses at banks, the head of the European Central Bank stepped up the pressure even more, attacking the “so-called bonus culture” as leading to selfishness. Full Article at The New York Times
Speaking in Cambridge, UK, on Thursday evening, Jean-Claude Trichet, ECB president, noted that whereas in the past financial crisis built-up over years, they now spread around the world “in the course of half days”. Full Article at Money Supply | Financial Times Blogs
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European Central Bank President Jean Claude Trichet (L) talks with Italian Finance Minister Giulio Tremonti on November 10,2009 during an Ecofin meeting at the EU headquarters in Brussels.
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »European Central Bank (ECB) governor Jean-Claude Trichet (L) and Bank of Italia governor Mario Draghi arrive for a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
View Photo »European Central Bank (ECB) governor Jean-Claude Trichet (C-first row) is flanked by the Bank of Italia governor Mario Draghi (3D-L first row) as they pose during a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
View Photo »European Central Bank (ECB) governor Jean-Claude Trichet (C-first row) is flanked by the Bank of Italia governor Mario Draghi (3D-L first row) as they pose during a family photo of the ECB members prior a meeting on October 8, 2009 in Venice.
View Photo »ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, International Monetary Fund's Managing Director Dominique Strauss-Kahn (L) talks with , European Central Bank President Jean-Claude Trichet (C) and Italy's Governor Mario Draghi (L) prior to the start of their G-7...
View Photo »European Central Bank President Jean Claude Trichet arrives for the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
View Photo »President of the European Central Bank French Jean Claude Trichet (L) and commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia attend the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
View Photo »President of the European Central Bank French Jean Claude Trichet (L) confers with commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia as they attend the second working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 2, 2009.
View Photo »(L to R) Vice president of the European Central Bank Lucas Papademos, President of the European Central Bank French Jean Claude Trichet, Commisisioner responsable of Economy and Monetary Affairs Joaquim Almunia attend the second working session of the informal ECOFIN meeting at the Erik...
View Photo »Bank President Jean Claude Trichet (L) , Swedish Minister for Finance Anders Borg (C) and European economic and monetary affairs commissioner Joaquin Almunia (R) speak during a press conference at the end of a working session of the informal ECOFIN meeting at the Eriksberghallen in Goth...
View Photo »President of the European Central Bank Jean Claude Trichet (L), jokes wtih Swedish Minister for Finance Anders Borg during the group photo of European ministers of Finance at the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 1, 2009.
View Photo »Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
View Photo »Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
View Photo »Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia take part in a joint press conference after the Eurogroup working session alongside...
View Photo »Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia take part in a joint press conference after the Eurogroup working session alongside...
View Photo »Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
View Photo »Eurogroup President Jean-Claude Juncker (L), the President of the European Central Bank (ECB) Jean-Claude Trichet (C) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
View Photo »Eurogroup President Jean-Claude Juncker (C), the President of the European Central Bank (ECB) Jean-Claude Trichet (L) and EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia (R) take part in a joint press conference after the Eurogroup working session along...
View Photo »President of the European Cental Bank (ECB) Jean-Claude Trichet gives a press conference after a meeting of the governing Council of the European Cental Bank (ECB) on October 8, 2009 in Venice. Trichet said that a US statement in support of a strong dollar was 'extremely important.'
View Photo »We very much share that view expressed by the Treasury secretary and we also share the views expressed by (Federal Reserve chairman) Ben Bernanke
There is no such possibility. We have two of the most prominent Europeans who know the economy very well -- the chairman of the Eurogroup, Jean-Claude Juncker, and the president of the European Central Bank, Jean-Claude Trichet -- who said we are not going to default
European Central Bank President Jean-Claude Trichet led the region's finance chiefs in pushing China to let the yuan strengthen amid mounting concern the euro is shouldering too much of the burden of a sliding dollar. Some currencies 'have in the medium run to appreciate,' Trichet said...
- MacrosReader
2 days ago
