|Day Low/High||4.90 / 5.00|
|52 Wk Low/High||3.91 / 11.05|
Bank of England defies market expectations and keeps rate at 0.5%; expects easing in August.
U.K. homebuilders continue their post-Brexit recovery in London, as financial stocks and miners also progress.
Italian banks lead stocks higher after week of lows.
Home builders rebound after days of loses.
U.K. real estate companies and home builders rise in London, while in Frankfurt ECB minutes from an early June meeting said existing monetary stimuli had yet to kick in.
Macquarie analysts play happier mood music for the sector, but both the Australian bank and Moody's sound a note of caution for investment banks.
Deutsche just isn't Lehman, but that won't prevent it scaring the heck out of us.
The plan is designed to release up to $200 billion of credit capacity into the post-Brexit economy.
The central bank move aims to spur credit in the post-Brexit economy.
Barclays shares decline, as three former traders are found guilty of Libor-rigging.
Royal Bank of Scotland chief says a post-Brexit slump could set back reprivatization plans by two years.
Debt holders of the London bank appear more confident in Lloyd's recovery than fleeing shareholders.
Royal Bank of Scotland and Lloyds slip, while UniCredit gains as it fills a CEO vacancy.
Unlike panicked shareholders, they see the London bank as a major post-Brexit discount opportunity.
Frankly, I think we're back to where we were prior to Brexit.
The appointment of a new head for troubled Italian bank Unicredit and strong economic figures from the U.K. and Germany helped counter Brexit confusion.
Brexit is occurring as the world's largest banks are laboring under a period of peak private sector debt.
Bonds of these banks have been 'trading unchanged' according to Cramer, a sign that investors are more confident that the banks can withstand the crisis.
Lloyds Banking Group and Barclays look most exposed.
Brexit uncertainty leads to downgrades of Barclays, Lloyds and HSBC, while Royal Bank of Scotland is reaffirmed at positive by Moody's.
Hopes of central bank intervention spur indices in Europe and Asia.
Stocks add to session highs in the final hour, recovering from some of the devastating losses suffered over the past two days.
It's been a rough few days for stocks but the financials sector feels the brunt of the pain far more than any other group.
Stocks recover from a two-day selloff on Tuesday as Brexit worries are priced into the market and hopes of further stimulus rise.
One side lied, one side barely tried, the people voted for economic suicide, but it will not stick.
Don't let Tuesday's rally in stocks fool you. It's way too risky out there, according to one analyst.
Stock futures push higher on Tuesday and are on track to snap Wall Street's two-day selloff centered on the Brexit shock.
McEwan's missive to staff comes as the Bank of England doled out $4 billion of liquidity to U.K. banks.