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European Central Bank to Cyprus: Now or never
Andrew Walker Mar 21, 2013
Cyprus has until Monday to come up with a new bailout package after the parliament rejected the initial plan that called for a controversial tax on the country’s bank deposits.
European Central Bank pressures Cyprus for new bailout deal
Stephen Beard Mar 21, 2013
The European Central Bank has given the Cyprus just a few days to come up with a new bailout deal after the Cypriot parliament rejected a controversial tax on bank deposits as part of its original bailout plan.
Could big banks help rein in payday lenders?
Mitchell Hartman Mar 22, 2013
Payday lenders circumvented state laws by moving online, and in the process big banks became enablers (and potentially profited) from payday lending. Now Chase is making changes to protect its customers from payday lenders. Will other banks follow?
No tax, no bailout? A worst case scenario for Cyprus
Stephen Beard Mar 20, 2013
Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.
Cypriots protest bank deposit tax
Nigel Cassidy Mar 19, 2013
Later today, the government of Cyprus will vote on a controversial bailout plan which would tax bank deposits up to 10 percent. The BBC's Nigel Cassidy in Cyprus discusses public reaction to the plan and whether the government will actually pass the measure.
Cyprus bank customers asked to help bail out banks
Stephen Beard Mar 18, 2013
Anyone with cash in a bank account in Cyprus could lose up to 10 percent of it, as a one off tax to help fund a bank bailout.
Cyprus bailout tax causes alarm around the world
Julia Coronado Mar 18, 2013
Julia Coronado, chief economist with the investment bank BNP Paribas, explains how the situation in Cyprus is rippling out to other economies around the world.
Cyprus bailout: Depositors face tax, hurry to withdraw cash
Stephen Beard Mar 18, 2013
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.
5 things you need to know about Cyprus' economy
Katie Long Mar 18, 2013
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
Will the London Whale lead to more bank regulation?
Kai Ryssdal Mar 15, 2013
JPMorgan executives testified to the Senate on the company's estimated $6.3 billion loss related to risky trades and a banker known as the London Whale.
