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European banks shoot higher this morning on reports of a Franco-German push to weaken bank...

European banks shoot higher this morning on reports of a Franco-German push to weaken bank capital rules. In Paris, Societe Generale +7.9%, Credit Agricole +5.5%, AXA +2.8%. Premarket U.S.: Deutsche Bank +3%, UBS +1.8%, RBS +1.2%, ING +1.5%, Lloyds +1%.
Comments (1)
  • Tom Armistead
    , contributor
    Comments (5742) | Send Message
     
    This is great. Now we need to do the same thing here in the US, just like savvie Jamie says, loosen up on this capital nonsense, get rid of a few troublesome regulations, so on and so forth, and get the party going again.
    23 Jan 2012, 06:55 AM Reply Like
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