ECB Bank Stress Tests: Catalyst Of The Final EU Crisis?

by Cliff Wachtel, FX Empire Everything you need to know about biggest threat to markets for the foreseeable future-why EU bank supervision can’t be avoided, but risks so much The following is a partial summary of conclusions from our weekly fxempire.com analysts’ meeting for the week ending 15 November 2013 in which we share thoughts and …

Keeping Banks (not Greece) From Failing Is the Real Eurozone Crisis

Written by Steven Hansen Over the last several weeks, JP Morgan Chase & Co (JPM)  has remained in the headlines after suffering trading losses tied to the bank’s now infamous “London Whale” with losses at  $7 billion more or less (yes, maybe more).  With tangible assets at $125 billion, and annual gross revenue around $90 …