Banking Cyprus Latest Information

Banking Cyprus Latest Information

Cyprus FinMin says banks won't need gov't help
Cyprus' banks will be able to recapitalize on their own and won't need state support thanks to fiscal measures buttressing the island's financial system, the government said on Saturday.

Greek PSI deal wrings Cyprus banks dry
Being a banker at a Greek bank in Cyprus was certainly not the best job in the world a year ago.

Cyprus Gets Second 1.32 Bln Euro Russian Loan Tranche
Cyprus has received the second 1.32 billion euro tranche of a 2.5 billion euro loan pledged by Russia, the Cypriot Finance Ministry said on Thursday.

EU watchdog to assess bank recapitalization plans
LONDON (Reuters) - European banking regulators pore over plans this week from 31 lenders to plug a 115 billion euro ($150 billion) hole in their capital cushions and help restore investor confidence shattered by the euro zone debt crisis. The European Banking Authority (EBA) will review recapitalization blueprints from top names like Deutsche Bank and UniCredit. The 31 were singled out in a ...

EU watchdog to assess bank recapitalisation plans
By Huw Jones and Steve Slater LONDON (Reuters) - European banking regulators pore over plans this week from 31 lenders to plug a 115 billion euro (94 billion pounds) hole in their capital cushions and ...

FITCH GOES ON RAMPAGE: CUTS SPAIN, ITALY, BELGIUM, CYPRUS, AND SLOVENIA
BOOM.

Fitch cuts Italy, Spain, other euro zone ratings
NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, the ratings agency said the affected countries were vulnerable in the near-term to monetary and financial shocks. "Consequently, these sovereigns do not, in Fitch's view, accrue the ...

Houlihan Lokey Europe and Axia Ventures Group Jointly Engaged as Exclusive Strategic Advisors to the Hellenic Republic ...
Houlihan Lokey Europe , an international investment bank, and Axia Ventures Group , an investment banking boutique, have been appointed to act as exclusive st

Jefferies and Cantor Fitzgerald Cut At Standard & Poor's
Ratings agency takes action against three brokerage houses.

Cyprus air traffic controllers to strike
Air traffic controllers in Cyprus walked off the job for four hours on Wednesday to protest a two-year government worker wage freeze and other deficit-reduction measures.

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