crisis

While European banks do have substantial investments in sovereign debt, the concerns in Europe are overblown and the banks will get through this rough patch, says Kelly King, BB&T Corporation chairman/CEO. more...

Gold held steady near a record high on Wednesday after a Franco-German summit failed to convince investors that the euro zone debt crisis would be solved effectively, supporting safe-haven demand for bullion.* more...

The latest proposed fixes for the euro crisis disappointed markets and sent bank stocks tumbling. They "plan to support the banking system but they are going to charge them for it," a trader said. more...

Analysts point out that U.S. banks have become much better capitalized than they were during the financial crisis of 2008. But shares of US major banks continue to move sharply lower. more...

By intervening in the eurozone’s bond markets, the ECB has become a lender of last resort. In a world characterised by growing financial panic, that has to be good news, HSBC's Stephen King writes in the FT. more...

The worry about S&P didn't help but the big story is the uncertainty in Europe, says Ira Jersey, Credit Suisse director of U.S. interest rate strategy. more...

Despite an unexpected deterioration in macro indicators in developed markets, Goldman Sachs believes commodity prices will hold up over the coming year. more...

The sovereign debt crises on both sides of the Atlantic has created what some analysts are calling an "ugliness contest" between the U.S. dollar and the euro, and experts remain split on which of the two currencies are a safer bet. more...

“So what Europe needs to do is to make sure that there's an unequivocal financial backstop, so there is no doubt in anyone's mind that those countries across Europe have the ability and the will to meet their obligations," the US Treasury secretary told CNBC. more...

CNBC's Carolin Schober and Michelle Caruso-Cabrera take a look at Italy's debt crisis fears as Silvio Berlusconi addresses the country's lower house. more...

Markets fear a new set of evil twins — a stumbling U.S. economy and the specter of a European sovereign debt crisis. more...

The Fast Money traders weigh in on buying opportunities in the market, and a trade on the Swiss franc, with Rebecca Patterson, JPMorgan Asset Management. more...

German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency euro zone summit on Thursday. more...

The euro zone has avoided a major currency crisis so far because of the dispute around raising the debt ceiling on the other side of the Atlantic, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC on Monday. more...

Worldwide stocks could lose 35 percent of their value if the euro zone sovereign debt crisis worsens, according to research from Deutsche Bank. more...

CNBC's Michelle Caruso-Cabrera has the story on the unfolding debt crisis as the government prepares an austerity package. more...

Since the euro zone debt crisis began, disagreements between the German Chancellor and the head of the European Central Bank have hampered attempts to find a lasting solution, analysts have said. more...

Finding a solution to the euro zone crisis is such a complex task that investors, as well as many citizens of the European Union, have grown disgruntled with attempts to sort out the debt. more...

European banking stocks fell sharply Tuesday, with Unicredit and Deutsche Bank among the top losers, on fears that sovereign debt crises in peripheral euro zone countries might spread into the continent's larger economies and trigger a more widespread banking crisis. more...

The euro struggled to find any friends in Asia on Tuesday, having hit a record low against the Swiss franc as doubts lingered even after European financial officials offered fresh steps to tackle the region's sovereign debt problems. more...