That drives UBS to recommend investors buy British banks, Lloyds and HSBC and Scandinavian banks, SEB and DnB NOR Bank.

FORBES: Analysts Stress About European Bank Stress Tests

"We need a better global benchmark for crude oil than the Brent marker, " said Torbjorn Kjus, oil market analyst at DnB NOR.

WSJ: Brent Benchmark Is Skewed by Crude Measure

In one of the most exciting design stories of the week, MAD Architects' curvaceous Absolute Towers popped up in Canada, and MVRDV's pixelated DNB NOR Bank Headquarters also came to fruition in Oslo.

ENGADGET: Inhabitat's Week in Green: madder root batteries, sun-powered plane and the world's first fiber-optic solar cell