Bank Taps Fund, Raising Jitters in Europe

Amid renewed fears that the euro-zone crisis could put fresh pressure on short-term funding, an unidentified bank made use of the Federal Reserve's swap facility via the Swiss National Bank,…


Apple is worth as much as all euro zone banks

LONDON (Reuters) - Technology company Apple is now worth as much as the 32 biggest euro zone banks.


Gloomy forecast for Europe's Banks causes lots of pain for short sellers

Time and again, Sean Egan and his team at Philadelphia-based Egan-Jones Ratings have made important calls months ahead of their better-known rivals. The firm has won grudging respect for its work on…