Banco de Madrid gained Bankia's stake at Inversis. (Photo : REUTERS)Spain's Santander plans to invest in the country's so-called bad bank in a sign that healthy domestic lenders are willing to support the entity created to clean up the aftermath of a 2008 property crash.

Chinese fund managers suggested a lower exposure to stocks due to a probable cash squeeze. (Photo : Reuters)The image is a bank teller counting yuan. Fund managers from China lowered their preferred exposure to bonds and stocks this June as concerns regarding the effects of a cash squeeze in the money market were raised.

Pekao, after failing to purchase Nordea Bank Polska, is now seeking out new acquisitions. (Photo : Reuters)The image is the corporate logo of Bank Pekao SA.

The chairman of the Chinese Banking Regulatory Commission allays fears of liquidity issues saying that the system has sufficient funds to cover all settlements.

Outflows continue in record breaking fashion, as a total of $23 billion, the biggest since 1992, was reported.

Viktor Vekselberg continues expanding by initiating a bid to buy Schmolz+Bickenbach. (Photo : Reuters)Russian tycoon Viktor Vekselberg gives a speech in an assembly.

Energy Futures is seeking court intervention to dismiss the suit filed by Aurelius against the firm.

Europe, Middle East, and Africa all experienced a generally flat syndicated lending volume. (Photo : Reuters)The European Central Bank is expected to print money to prevent a further escalation of the euro zone's debt crisis.

The European Central Bank would suspend the eligibility of Cyprus's debt due to its demand to refinance its operations.

The South Korean F-X was extended to July 2 after receiving overwhelming bids from interested investors.