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Crisis in Cyprus

Markets March Slower as Cypriot Problems Continue

FBN’s Nicole Petallides on the stories moving the markets early.

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  1. Analysis: German economy to pick up but fall short of traditional pace

    Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slo...

  2. Piraeus Bank Posts First-Quarter Net Profit After Merger Deals

    Piraeus Bank (TPEIR.AT), one of Greece's largest lenders, on Monday reported a first-quarter net profit of 3.62 billion euros ($4.64 billion), largely due to a one-o...

  3. EU's Barnier Says Most Oppose Cyprus Bank Solution

    A "large number" of European Union member states would support only imposing losses on depositors over EUR100,000 during bank wind-downs as a last resort, EU financi...

  4. A new lineup for the American Heroes portfolio

    By Carter LecrawDuring the latter part of the first quarter, the annual rebalancing process was completed. The first quarter is the usual time for this procedure. By...

  5. Most of Cyprus pain inflicted on overseas depositors, central bank says

    Cyprus' central bank said on Thursday most of the depositors who lost money at bailed-out Bank of Cyprus were from overseas and that Cypriots had not been hit as har...

  6. Overseas depositors took most of the pain in Cyprus -Central Bank

    Cyprus' central bank said on Thursday most of the depositors who lost money at bailed-out Bank of Cyprus were from overseas and that Cypriots had not been hit as har...

  7. Cyprus bailout scrapes through island's parliament

    Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at ano...

  8. Cyprus Parliament to Vote on EUR10 Billion Bailout

    Cypriot lawmakers are expected to narrowly approve the island's 10 billion euro bailout deal in a parliamentary vote expected later Tuesday, paving the way for the c...

  9. Insight: Why did Cypriot banks keep buying Greek bonds?

    One day last October, a memory stick containing special software for deleting data was placed into a desktop computer at Bank of Cyprus.Within minutes, 28,000 files ...

  10. Bank of Cyprus converts portion of uninsured savings to equity

    Cypriot lender Bank of Cyprus said on Sunday it had carried out a conversion of uninsured cash deposits in the bank into equity, one of the conditions of internation...

  11. Cyprus Extends Capital Controls But Eases Restrictions

    Cyprus's government Thursday extended capital controls imposed last month, but eased certain restrictions in a move senior government officials described as being th...

  12. ECB's Noyer: Early Monetary Tighening Would Hurt Emerging Markets

    European Central Bank governing council member Christian Noyer turned the criticisms of some developing countries back against them Tuesday, arguing any premature mo...

  1. Cyprus Students Fed Up

    FBN's Rich Edson breaks down the latest on Cyprus.

  2. Factbox: Banks to be included in ECB's asset-quality review

    The European Central Bank said on Wednesday the following 128 banks would be included in the upcoming asset-quality review of the common currency bloc's top banks.AU...

  3. Gold Set for Second Weekly Decline

    Gold was on course for a second weekly decline on Friday as signs the U.S. budget impasse might be heading towards a resolution lifted the dollar and curbed the meta...

  4. Greece's Piraeus bank aims to cut around 1,500 jobs: source

    Greece's second-biggest bank, Piraeus , has launched a voluntary redundancy scheme aimed at cutting around 1,500 jobs in a drive to cut costs after taking over asset...

  5. Insurers to Safe Guard Against Political Risks

    Could it happen to us? Tourism, manufacturing and resources companies surveying an unpredictable world are increasingly having to consider insurance against politica...

  6. Cyprus Probes into Financial Collapse

    Criminal investigators will help judges in Cyprus dig deeper into what caused a financial crisis that forced the island to ask for a bailout by international lenders...

  7. Cyprus launches criminal probe to dig deeper into financial collapse

    Criminal investigators will help judges in Cyprus dig deeper into what caused a financial crisis that forced the island to ask for a bailout by international lenders...

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