Europe strikes deal to push cost of bank failure on investors By John O'Donnell and Robin Emmott BRUSSELS (Reuters) - The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that have prompted public outrage. After seven hours of late-night talks, finance ministers from the bloc's 27 countries emerged with a blueprint to ...
June 27, 2013 - Reuters via Yahoo! News
EU tries to heal rift on shielding taxpayers from bank bailouts By John O'Donnell and Robin Emmott BRUSSELS (Reuters) - The European Union attempted on Wednesday to heal a Franco-German split over sharing out the costs of future bank failures under a system to stop ...
June 26, 2013 - Reuters via Yahoo! Finance
Last Local Bank Failure Is Becoming a More Distant Memory San Diego, and many other locales around the nation, hasn’t witnessed a bank failure for quite a while, which says something about the overall health of the industry.
June 24, 2013 - San Diego Business Journal