We’ll send you a myFT Daily Digest email rounding up the latest Wells Fargo news every morning. Europe may or may not be saved but Q3 earnings releases by US banks suggest they’re content with their ...

The countries of the European periphery are experiencing a balance of payments crisis stemming from persistent current account deficits and sharply lower private capital inflows, a condition known as ...

Hence, GIIPS central banks can effectively force the Bundesbank, et al. to lend to GIIPS banks, non-banks, and households. They’ve already forced the Bundesbank to make €750 billion in such loans, ...

Of all the lesson we learned from last week about the coming week, by far the most interesting of all was NOT from the FOMC minutes, other Fed events, nor from the normally top market moving US jobs ...

First they were the "PIIGS," then -- and perhaps only on the silver tongue of Jamie Dimon -- they were the "GIPSI" countries.

Add in likely debt relief of €1 trillion to GIIPS governments and we’re talking a year of German GDP. If that’s even half right, Draghi has to deliver tons of euros in exchange for, well, nothing.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This might just be the most important piece of paper in US banking right now: FFIEC 009 is the form US banks ...