GO
Loading...

Enter multiple symbols separated by commas

Finance Banks

More

  • FEDERAL RESERVE HAS FLEXIBILITY TO HOLD OFF WITH RATE HIKES, HAS NO COMMENT ON SPECIFIC TIMING.

  • NEW YORK, Sept 3- U.S. Thursday after a dovish outlook from the European Central Bank. The European Central Bank cut its inflation and growth forecasts for the euro zone and its president, Mario Draghi, said things could get worse.

  • *Joy Global falls after slashing full-year forecast. Sept 3- Wall Street opened higher on Thursday as data pointed to a strengthening U.S. economy and the European Central Bank indicated it could prolong its stimulus program. The ECB also cut its inflation and growth forecasts for the euro zone in the wake of lower oil prices, weaker growth in China and a...

  • *EasyJet surges on positive profit outlook. LONDON, Sept 3- European shares rose sharply on Thursday, extending earlier gains as the European Central Bank delivered a dovish message from its first meeting after weeks of market turmoil. "Today's ECB press conference was significantly more downbeat in terms of the outlook for euro zone growth and inflation,"...

  • FRANKFURT, Germany— The European Central Bank is ready to give the eurozone economy a bigger dose of stimulus if turmoil in China and weaker global growth hurt its modest recovery, President Mario Draghi said Thursday. Draghi said the ECB can add to its 1.1 trillion euro program if needed to raise inflation or support growth. The ECB is pumping 60 billion euros a...

  • FRANKFURT, Sept 3- European Central Bank President Mario Draghi said on Thursday that more time was needed to see whether Greece would qualify for bond purchases under the bank's asset buying program. "The bond purchases cannot take place while a review is ongoing," he told a news conference. Greece has just agreed a new bailout from international lenders but its...

  • NEW YORK— U.S. and global stocks rose broadly in late-morning trading Thursday, helped by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed. READY TO ACT: The European Central Bank said it's ready to give the eurozone a bigger dose of stimulus should inflation across the 19-...

  • *China markets closed for public holiday. *Coming up: U.S. Weekly jobless claims at 1230 GMT. LONDON, Sept 3- Gold fell on Thursday, under pressure from a steady dollar and firmer share markets as investors awaited a European Central Bank news conference and a U.S. jobs report that could provide clues on the timing of a Federal Reserve rate rise.

  • FRANKFURT, Sept 3- The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further. The bank, which left interest rates unchanged in a widely predicted decision, is expected to say the chances of missing its...

  • *China markets closed for public holiday. *Coming up: U.S. Weekly jobless claims at 1230 GMT. LONDON, Sept 3- Gold edged lower on Thursday, under pressure from a stronger dollar and share markets as investors awaited a European Central Bank policy meeting and a U.S. jobs report that could provide clues on the timing of a Federal Reserve rate rise.

  • FRANKFURT, Germany— The latest on the European economy as the European Central Bank meets to discuss its monetary policy:. European Central Bank President Mario Draghi has dismissed the idea that central banks in developed economies should lower their inflation targets amid a prolonged period of subdued price increases. The euro fell sharply and stocks rose...

  • LONDON, Sept 3- World stocks rose on Thursday, lifted by the strong rally on Wall Street the previous day, but investors were cautious ahead of a potentially critical 24 hours that will include a European Central Bank policy meeting and the latest U.S. jobs data. Germany's DAX was up 1.8 percent at 10,231 points, France's CAC 40 was up 1.6 percent and Britain's FTSE...

  • FRANKFURT, Sept 3- The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if prospects weaken further. The bank is expected to leave interest rates unchanged and argue that the chance of missing its medium-term inflation target has increased due to...

  • BUENOS AIRES, Argentina— Argentina's central bank has ordered HSBC's local unit to name a new president and vice president for failing to prevent money laundering and tax evasion. Argentina's tax agency had charged HSBC bank in November with helping more than 4,000 Argentines evade taxes by placing their money in secret Swiss accounts.

  • WASHINGTON, Sept 2- U.S. labor markets were tight enough to fuel small wage gains in some professions in recent weeks, though some companies already were feeling a chill from an economic slowdown in China, the Federal Reserve said on Wednesday. While many Fed policymakers think the U.S. labor market is close to full strength, China is casting a long shadow on the...

  • WASHINGTON, Sept 2- The U.S. government has initially underestimated job growth for almost every August over the last decade, a trend that could make it harder for the Federal Reserve to decide if an upcoming employment report will signal America is ready for a rate hike. The Labor Department's jobs report for August, which will be released on Friday, will be the...

  • US bank earnings rose 7.3 percent in April-June quarter Wednesday, 2 Sep 2015 | 10:30 AM ET

    The data issued Wednesday by the Federal Deposit Insurance Corp. showed continued improvement for the banking industry seven years after the crisis struck. The FDIC reported that U.S. banks earned $43 billion in the second quarter, up from $40.1 billion a year earlier. "The banking industry had another positive quarter as recent trends have continued," FDIC...

  • NEW YORK, Sept 2- Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, said on Wednesday that U.S. central bankers may have missed their window of opportunity to hike rates earlier this year and doing so now could create "self-inflicted" instability. In his September Investment Outlook report, Gross wrote that his concept of a...

  • *Ambarella falls as Q3 revenue forecast misses expectations. *Navistar falls on possibility of SEC lawsuit. Sept 2- U.S. stock futures pared some gains on Wednesday, but kept Wall Street on track to open higher, after weaker-than-expected private U.S. jobs data, raising the odds that the Federal Reserve would not raise interest rates this month.

  • Argentina orders HSBC unit to name new president Wednesday, 2 Sep 2015 | 2:58 AM ET
    Buenos Aires: Plaza de Mayo

    Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours, accusing the bank of failing to establish necessary controls to prevent tax evasion and money laundering.

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.