After leading the markets in the first three months of the year bank shares were hit hard in April as the situation in Europe grew worse once again.
U.S. big-bank stocks, already outcasts on Wall Street this year, now are being tainted by Europe's debt woes. The U.S. market’s decline on Monday was led by the financial sector, which tumbled in sympathy with the steep sell-off in ... Read Post
Britain's top share index suffered its worst month in more than three years in May. ||| Britain's top share index suffered its worst month in more than three years in May after data suggesting the US is struggling triggered a late s... Read Post
NEW YORK (Reuters) - BATS Global Markets has narrowed its search for a new president to two industry executives with close ties to the No. 2 U.S. stock market operator, three sources familiar with the situation said on Wednesday. Ch... Read Post