Josef Ackermann

• Europe Banks Vow $1 Trillion Cuts

  By Anne-Sylvaine Chassany and Liam Vaughan, Bloomberg  |  October 19, 2011

  But asset sales may be difficult in current markets, which could limit shrinkage.

• Euro Leaders’ Crisis Efforts Stymied

  By James G. Neuger and Tony Czuczka, Bloomberg  |  October 18, 2011

  ECB rules out ramping up its bond-buying program.

• Greek Investors Brace for Bigger Loss

  By Paul Dobson and Emma Charlton, Bloomberg  |  October 14, 2011

  Bondholders could lose up to 60% of their investments.

• EU May Accept Greek Default

  By Simon Kennedy, Jonathan Stearns, Bloomberg  |  July 22, 2011

  Bondholders will foot part of the bill in new deal to stem Europe’s debt crisis.

• Merkel, Sarkozy Reach Agreement

  By Rainer Buergin, Helene Fouquet, Bloomberg  |  July 21, 2011

  German, French leaders to outline joint position on Greece at EU Summit.

• Greek Default Spells ‘Havoc’ for European Banks

  By Aaron Kirchfeld, Elena Logutenkova, Bloomberg  |  June 20, 2011

  Banks still have $2 trillion linked to Portugal, Ireland, Spain and Italy on books.