Reuters – Greece has agreed to recapitalize its struggling banks after a intended bond swap largely owing to common shares with restricted voting rights, a banking source told Reuters on Saturday.  Read More →

The Christian Science Monitor – In the excellent times he was the doyen of British banking. Wealthy and courted by choice makers and knighted by Queen Elizabeth for air force... 

Reuters – More than two thirds of banks in a Federal Set aside assessment of senior loan officers said they had tightened credit to European financial firms in January, underscoring the continent’s severe banking crisis.  Read More →

Reuters – Citigroup has cut bonuses for its investment banking rift by about 30 percent on average, Bloomberg said, citing a person briefed on the matter.  Read More →

AP – A banking executive has been selected to guide Penn State’s Board of Trustees owing to the aftermath of the Jerry Sandusky scandal.  Read More →