Bank of Greece

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  Greece Progresses on Rescue

  By Marlene Y. Satter, AdvisorOne  |  August 6, 2012

  The ECB’s Governing Council has decided to raise the upper limit for the amount of Greek short-term loans the Bank of Greece can accept in exchange for emergency loans.

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  Greek Bank Head Took Secret Loans to Finance Bank Stake

  By Marlene Y. Satter, AdvisorOne  |  July 16, 2012

  Greece’s fiscal troubles seemed to grow deeper with the revelation that companies owned by Piraeus Bank’s chairman and his children took out secret loans from a rival bank to pay for Piraeus shares.

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  Spain Spooks Investors as Eurozone Confidence Falls

  By Marlene Y. Satter, AdvisorOne  |  May 30, 2012

  The Spanish bank crisis escalated on Wednesday, frightening investors away from markets that fell to their lowest level in nine years.

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  Greece’s Creditors Resist IMF Push for Bigger Losses

  By Marlene Y. Satter, AdvisorOne  |  December 22, 2011

  Greece’s creditors are pushing back against an IMF drive to get them to accept larger losses on the country’s sovereign debt, with one Madrid-based hedge fund pulling out of the debt swap talks over the matter.

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  Top Portfolio Products: Global X Adds Greece ETF; Vanguard Cuts Purchase Fee

  By Marlene Y. Satter, AdvisorOne  |  December 12, 2011

  New products introduced over the last week include a new Greece-centric ETF from Global X, a purchase fee cut on a Vanguard fund, and two new ETNs from Deutsche Bank and Invesco.

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  Greek Rescue Plan Sends European Bank Stocks Skyrocketing

  By Gil Weinreich, AdvisorOne  |  July 21, 2011

  European bank stocks skyrocketed Thursday on news that an EU emergency summit meeting has crafted a plan to aid Greece without any new taxes on banks.