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Goldman Sachs: Greek Banks have Limited Ability to Withstand Shocks

Greek banks have a limited ability to withstand external or internal shocks, a Goldman Sachs report says. According to Capital.gr website, Goldman Sachs representatives were...

Goldman Sachs: Govt-Troika Agreement More Important to Reducing Borrowing Costs Than ECB Decision

Quantitative easing, announced on Thursday by European Central Bank President Mario Draghi, is not going to be as influential in reducing Greece's borrowing cost as...

DW: Greece Could Fall Behind Again

The euro crisis, considered overcome by many in Europe, could return on a massive scale in 2015. If Greece's far-left SYRIZA party, which...

Second Day of Losses in Athens Stock Exchange

For a second day in a row, Greek stocks and state bonds remain under heavy pressure. Starting yesterday and hit by a wave of selling foreign...
National Bank of Greece

NBG Hires Advisers for Sale of Turkish Finansbank

National Bank of Greece (NBG) has hired other banks including Goldman Sachs, Morgan Stanley and Bank of America Corp to work as advisers on the...
National Bank of Greece

Goldman, Deutsche Bank to Buy National Bank’s Buyout Firm

The private-equity units of Goldman Sachs Group Inc. and Deutsche Bank AG are reaching an agreement to purchase the buyout arm of National Bank of...

Bank of Greece Acquires Eurobank

With Greek banks still reeling from big losses imposed by the government in a desperate bid to write down its staggering $460 billion debt,...

Goldman Sachs Says No Greek Growth Plans

The President of the American investment firm Goldman, Sachs, blamed by some critics for helping cause Greece's crushing economic crisis with its financial instruments,said...

Banking’s Big Lie Breaks Cyprus

If banks loaned money at their own risk, there would be far less reprehensible moneymaking in the world. Unfortunately, that is not the case....

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