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U.S. Money Funds Added Cash to French Banks for First Time in Six ... - Bloomberg


U.S. Money Funds Added Cash to French Banks for First Time in Six ...
Bloomberg
French banks have had to increase their deposit base to secure funding after the sovereign-debt crisis spread last year, spurring concern about the solvency of European financial institutions. The revival of US money fund investing followed the ...

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Asian Stocks Pare Best Run Since '05 as Europe Delays Greek Aid - BusinessWeek


Asian Stocks Pare Best Run Since '05 as Europe Delays Greek Aid
BusinessWeek
“There still needs to be fine-tuning process for a Greece package,” said Chu Moon Sung, a Seoul-based fund manager at Shinhan BNP Paribas Asset Management Co., which oversees $28 billion. “Investors are taking a breather following the recent solid ...
European shares fall on Greek uncertaintyPakistan Observer

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Hong Kong Stocks Fall as Europe Withholds Aid Package for Greece - Bloomberg


Hong Kong Stocks Fall as Europe Withholds Aid Package for Greece
Bloomberg
The benchmark gauge advanced 0.2 percent in New York yesterday as Greek political leaders said they had struck a deal on a package of austerity measures needed to secure international rescue funds. Asian stocks fell today after European finance ...

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Noble Corporation Prices Offering of Senior Notes - Sacramento Bee


Noble Corporation Prices Offering of Senior Notes
Sacramento Bee
Pending the application of funds from the offering, the net proceeds are expected to be invested in US government obligations, bank deposits or other secure, short-term investments. Barclays Capital Inc., HSBC Securities (USA) Inc., SunTrust Robinson ...

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Hong Kong Stocks Rise on China Property Support, Greek Outlook - BusinessWeek


Hong Kong Stocks Rise on China Property Support, Greek Outlook
BusinessWeek
The benchmark gauge rose 0.2 percent in New York yesterday, reversing losses of as much as 0.6 percent, as Greece made progress on measures to secure international aid. Greek Prime Minister Lucas Papademos postponed a meeting with heads of political ...

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Greece Wrestles With Needed Spending Cuts - Bloomberg


Bloomberg

Greece Wrestles With Needed Spending Cuts
Bloomberg
With the country's stability at stake, the accord marked a step forward as Athens played host to parallel negotiations over the weekend to secure the domestic consensus needed to win a second bailout while persuading Greece's private creditors to ...

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French banks get choosy on clients - Reuters


French banks get choosy on clients
Reuters
By Lionel Laurent | PARIS (Reuters) - French banks BNP Paribas and Natixis are to focus investment-banking activity on a select list of large clients to help preserve capital and cut debt amid the euro zone debt crisis, according to memos obtained by ...

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Investors Back Draghi-Merkel - Bloomberg


Bloomberg

Investors Back Draghi-Merkel
Bloomberg
The euro slid the most in a week against the dollar amid political wrangling in Greece over austerity measures needed to secure a second bailout. The currency fell as much as 1 percent to $1.3030 and was at $1.3045 as of 10:54 am in London.

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Treasuries Trade Little Changed After $24 Billion 10-Year Note Auction - Bloomberg


Treasuries Trade Little Changed After $24 Billion 10-Year Note Auction
Bloomberg
“The auction went well, but the participation numbers were pretty average, so you can't get too excited,” said Suvrat Prakash, an interest-rate strategist in New York at BNP Paribas Securities Corp., one of 21 primary dealers that trade with the ...

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European Markets Down; Greece in Focus - Morningstar.com


European Markets Down; Greece in Focus
Morningstar.com
... fell early Monday as investors worried abut a political deadlock in Greece after a meeting between Prime Minister Lucas Papademos and leaders of three parties ended on Sunday without any deal over reforms necessary in order to secure a bailout.

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