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ROME, Feb 21 (Reuters) - Momentum grew on Saturday behind a proposed common European bond to help bolster fragile member states during the global economic crisis as the International Monetary Fund threw its weight behind the idea. Germany and France urged a radical overhaul of global...

Deutsche Bank AG CEO Ackermann spoke at a dinner at Columbia University in New York: * says it would be huge mistake for Europe to break up eurozone * says bank's exposure to eastern Europe is 'very small'

ZURICH, Feb 21 (Reuters) - The right-wing Swiss People's Party (SVP) called on Saturday for retaliation against the United States over a U.S. tax probe into the country's biggest bank UBS that threatens prized banking secrecy. The populist SVP, the country's biggest party, said Switzerland...

A Swiss tribunal has barred financial regulators from handing banking information of UBS bank clients to US authorities investigating tax fraud, ATS news agency reported. Siding with a complaint from UBS clients, the tribunal on Friday issued an order forbidding Swiss bank regulator FINMA...

Rerolling and refis only chance for these countries and borrowers. I thing Germany is finally aware of the situation and announced on Friday to capitalize IMF with more funds. France is favoring EU bailout ...

No surprise here. As expected.

Mr. Trichet´s comment would be : "We will act vigorously." :D

The trustee liquidating Bernard Madoff's investment firm said there was no evidence that Mr. Madoff bought any securities for clients in at least 13 years. Irving Picard, the trustee, also said Bernard L. Madoff Investment Securities LLC's broker-dealer division and the investment-advisory...

Senate Banking Committee Chairman Christopher Dodd said it may be necessary to nationalize some banks for a short time as Citigroup Inc. and Bank of America Corp. tumbled today on concern the U.S. may take over both banks. “I don’t welcome that at all, but I could see how it’s possible...

$1,000 gold as stocks in red...:D :D :D Cool headline ! :p

Just waiting for this baby to explode :D

"Effectively subprime" ? I am not aware of European banks practicing lending policies like in U.S. Taking into consideration currency movements in the last week one might observe challenging times for borrowers, but I do not think these borrowers are to be named "subprime".

We need a headline like now on marketwatch : "Bloodbath around the world" :D

Geithner commented he is not "concerned" about market`s reaction with regards to his "rescue plan". So the market does what he is not "concerned" about : wiping out private investor`s equity.

LONDON (MarketWatch) -- The German Finance Ministry on Friday denied a report in weekly magazine Der Spiegel that it is weighing plans for a coordinated rescue of financially distressed euro-zone countries. "The Spiegel report doesn't correspond with the facts. The Federal Finance Ministry isn't...

The German Finance Ministry on Friday denied a report in weekly magazine Der Spiegel that it is weighing plans for a coordinated rescue of financially distressed euro-zone countries. "The Spiegel report doesn't correspond with the facts. The Federal Finance Ministry isn't working on any such...

T Bonds not buying equity sell off. USD / JPY 93.98. Expect some buying "efforts".

... Some economic forecasters and strategists are pointing to a steep five-month rise in the amount of money held as indicating that a recovery in the U.S. economy is slowly but surely getting under way. ... In January, the M2's annualized growth rate over the previous three months...

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