NEW DELHI, July 31- Planning to inject $11 billion of capital into debt-laden state banks over the next four years, India's Finance Minister Arun Jaitley on Friday sought parliament's approval to boost budget spending by $4 billion in the current fiscal year. High levels of non-performing assets in state-run banks have made it hard for the government of Prime...» Read More
The stock market is bolstered by the strength of corporate balance sheets, said Cantor Fitzgerald CEO Shawn Matthews Tuesday on "Squawk on the Street."
Kraft Foods Group said fourth-quarter revenue likely declined about 11 percent from a year earlier due to reductions in trade inventories, but raised its forecast for 2013.
Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.
Ashok Shah, CIO at London and Capital, tells CNBC that banks have been given a ¿free lunch¿ borrowing at very low cost in order to boost their profitability.
The U.S. economy is on the mend and has been getting better, but JPMorgan CEO Jamie Dimon said chief executives he has spoken to have told him they are already making decisions to protect their companies from a looming "fiscal cliff."
Thanks to the Federal Reserve, Jamie Dimon and the Obama administration, the U.S. economy is “bleeding”, John McCain, the Republican Senator from Arizona and former presidential candidate, told CNBC.
Sheila Bair, former FDIC chair, says stress tests are good, but they cannot substitute capital rules. She also explains why money market funds remain at risk and require more oversight, with CNBC's Maria Bartiromo.
In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions, the New York Times reports.
Looking for a euro-dollar trading strategy among the torrent of European news reports? Here's an idea.
Bill Gross, Pimco Co-CIO & founder, explains there is a misconception that Pimco is short US Treasuries. Investors can find pristine balance sheets in countries like Canada, he adds.