Euro rescue could help banks in regulatory battle

A $1 trillion rescue package to stabilise the euro could bolster European banks' negotiating power as they attempt to fight stricter regulatory capital requirements they expect will hurt economic growth. Europe's lenders

Rescue plan sparks stocks rally, euro gains

Financial markets stepped back from a potential abyss on Monday after the European Union and International Monetary Fund agreed a bumper rescue package to prevent a sovereign debt crisis spreading. World stocks