Ticker	Volume	Price	Price Delta
DJIA	15,478.30	+90.73	0.59%
S&P 500	1,676.87	+7.71	0.46%
Nasdaq	3,513.78	+11.66	0.33%

Ticker

Volume

Price

Price Delta

DJIA

15,478.30

+90.73

0.59%

S&P 500

1,676.87

+7.71

0.46%

Nasdaq

3,513.78

+11.66

0.33%

Ticker	Volume	Price	Price Delta
STOXX 50	2,835.01	+13.36	0.47%
FTSE 100	6,840.27	+36.40	0.53%
DAX	8,530.89	+58.69	0.69%

Ticker

Volume

Price

Price Delta

STOXX 50

2,835.01

+13.36

0.47%

FTSE 100

6,840.27

+36.40

0.53%

DAX

8,530.89

+58.69

0.69%

Ticker	Volume	Price	Price Delta
Nikkei	15,627.30	+246.24	1.60%
Hang Seng	23,261.10	-105.29	-0.45%
S&P/ASX 200	5,165.37	-14.69	-0.28%

Ticker

Volume

Price

Price Delta

Nikkei

15,627.30

+246.24

1.60%

Hang Seng

23,261.10

-105.29

-0.45%

S&P/ASX 200

5,165.37

-14.69

-0.28%

BREAKING NEWS

KKR Said to Weigh Investment in Saks, May Push for Neiman Merger

European Union Considering Fund for Ailing Banks, Times Says

By Clementine Fletcher - 2012-05-27T06:29:57Z

The European Union is working on plans to set up a rescue fund for ailing banks, capitalized by levies imposed on the lenders, the Sunday Times reported, without saying where it got the information.

It will be funded by annual payments from all banks in the euro zone to ensure consumer deposits are guaranteed, and will be backed by cash from the European Union, the European Central Bank or the European Stability Mechanism, the newspaper reported.

The fund may also have the power to take over crisis-hit lenders, according to the Sunday Times.

To contact the reporter on this story: Clementine Fletcher in London cfletcher5@bloomberg.net.

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net

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