Banca Monte dei Paschi di Sienna

Monday, global financial markets got beat down on what was effectively a repricing of sovereign and political risk in Europe. Bond yields rose, bank stocks fell, and broadly, risk assets traded weakly. Europe just looked pretty ugly Monday. Beginning in Italy, 10-year government bond yields crept...

Futures Flat on Global Fears U.S. equity futures were flat in pre-market trading Monday on global fears as eurozone risks crept higher. Peripheral bond yields rose overnight as former Italian Prime Minister Silvio Berlusconi wants to undo austerity measures just two weeks before elections and also...

Deposits in peripheral European nations' ailing banks recovered nicely in December as lessening concerns over the health of the Eurozone increased confidence in the financial sector. Since the onset of the crisis, capital has flowed out of peripheral banks and into those of core nations, mainly...