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Greek crisis summit called after talks fail and bank fears grow – as it happened

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Greek crisis summit called after talks fail and bank fears grow – as it happened
Some €2bn of deposits have been withdrawn from Greek banks so far this week – including a record €1bn yesterday – triggering fears that a breakdown in talks would spark a further flight of funds. The German leader … Right now we're short of a dialogue.”.
Read more on The Guardian

Purisima should retire now; leave secrecy of bank deposits law alone
The news media recently reported that the Organization for Economic Cooperation and Development (OECD) has urged Congress to repeal the secrecy in bank deposits law, supposedly to strengthen the country's tax system, and to fight tax evasion, tax fraud …
Read more on Manila Standard Today

Deposit costs remain low for US banks—for now
The question that now looms large is, when will the Federal Open Market Committee, the monetary policy board at the U.S. central bank, begin to ease up and allow short-term interest rates to climb? [Read the cover story from the May 2015 Banking …
Read more on Banking Exchange