CNBC's Jim Cramer discusses Deutsche Bank's note to employees on how to assuage clients' fears about market volatility.» Read More
*Stock indexes extend decline to third straight day. *Index of top European shares hits lowest since Sept' 13. NEW YORK, Feb 9- Stock indexes worldwide tumbled for the third straight session on Tuesday on fears of slowing global growth, with particular concern around the health of the banking sector, while benchmark U.S.
Goldman, like its Wall Street peers, is grappling with low interest rates and strict regulations that have curbed profits.
CNBC's Simon Hobbs explains some of the economic challenges European banks are facing.
Europe is bouncing back, but bank stocks are taking a beating.
CNBC's Bob Pisani looks at how markets are faring including lows in overseas markets, weakness in European banks, and the growing margin of stocks in bear territory.
The European markets are being dragged down by the banks, and Deutsche Bank told employees in case clients ask about market volatility, "Deutsche Bank remains absolutely rock solid."
Deutsche Bank co-CEO told bank staff that the bank remained “absolutely rock-solid”, given its strong capital and risk position. CNBC Squawk Box anchors discuss.
Unicredit reports surprise fourth-quarter net profit in a tough three months which saw it cut 1,300 jobs and close 121 branches.
MILAN— Italian lender UniCredit says its earnings dropped in the fourth quarter, on a day its shares were being battered amid broad concerns over the country's banking system. UniCredit reported Tuesday a net profit of 153 million euros, down from 170 million euros a year earlier. UniCredit's stock was down 4.1 percent at 2.88 euros.
Deutsche Bank co-CEO John Cryan said on Tuesday that the bank remained "absolutely rock-solid", given its strong capital and risk position.
Swedish bank Swedbank said on Tuesday Chief Executive Michael Wolf was stepping down with immediate effect.
Are global markets entering a second stage of the financial crisis, considering the recent volatility in the banking sector? Swedbank’s acting CEO, Birgitte Bonnesen weighs in.
Michael Wolf has stepped down as Swedbank’s chief executive. Swedbank’s acting CEO, Birgitte Bonnesen discusses the latest developments in the bank.
Despite missing profit expectations, Handelsbanken’s CEO explains why he remains positive on the company’s results.
Banor Capital's Francesco Castelli, discusses how European banks can solve the non-performing loans (NPLs) problem.
LONDON, Feb 9- The yen rose on Tuesday to its highest against the dollar since November 2014, as a sell-off in global stocks and worries about Europe's banks stoked demand for safe-haven currencies. Europe's banking index fell 1 percent and yields on southern European government bonds rose, pushing the euro lower against the dollar to $1.1185.
Giuseppe Castagna, CEO of Banca Popolare di Milano, discusses the bank's results and the potential for a merger with other banks.
Erik Nielsen, global chief economist at UniCredit, says the prices of Italian banking stocks make no sense, except in a doomsday scenario.
LONDON, Feb 9- Futures prices for European banks fell on Tuesday, as concerns mounted over the health of the region's top lenders given signs of a global economic slowdown. Futures on the Euro Stoxx Banks index fell 0.7 percent. Borrowing costs in Spain, Portugal and Italy jumped as investors demanded a fatter risk premium over safer German paper, where two-year...
LONDON— Financial markets turned lower once again on Tuesday after a 5.4 percent slide in Japan's main stock index and the interest rate on the country's benchmark bond dropped into negative territory for the first time ever. On Tuesday, Japan's Nikkei index led the way lower, ending the day down 5.4 percent at 16,085.44. The FTSE 100 index of leading British...