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.
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.
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.
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.
Mar 7, 2013 As the Federal Reserve issues its annual stress test results for big banks, the question is do they have enough cash to survive a deep recession, a 50 percent stock market fall and 12 percent unemployment?
Feb 28, 2013 EU officials have announced an agreement that would restrict the amount bankers can receive as as bonus.
Jan 24, 2013 Alan Blinder, an economist and former vice chairman of the Federal Reserve, discusses why he thinks the government doesn't get enough credit for saving the U.S. economy from a much worse fate.
Jan 11, 2013 Investors have high expectations for Wells Fargo -- the first big bank to report fourth-quarter results -- after turning in nearly three years of solid earnings.
Jan 9, 2013 AIG's board must consider the shareholder lawsuit, because it is charged with acting in the best interests of its shareholders.