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    German lender posts a net profit of $211.4 million in the fourth quarter as it benefited from lower provisions for bad loans.

  • Should you worry about Europe's banks?

    Jeroen Dijsselbloem, president of the Eurogroup, discusses concerns over Europe's banking sector.

  • WASHINGTON, Feb 12- The Federal Reserve's carefully scripted decision to raise interest rates last December, and begin a return to "normal" policy, may now become a nightmare for the U.S. central bank if an economic downturn forces a return to unconventional methods. We previously studied them and decided they would not work well, "Yellen told the U.S. Senate Banking...

  • SINGAPORE, Feb 12- Singapore's DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said. Barclays managed $36 billion in private banking assets in Asia as of last year, according to a survey by industry publication...

  • SINGAPORE, Feb 12- Singapore's DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said. Barclays managed $36 billion in private banking assets in Asia as of last year, according to a survey by industry publication...

  • SYDNEY, Feb 12- Australia's central bank governor said Australia's economy should continue to grow moderately as falling mining investment is offset by growth elsewhere, although the current turmoil in global markets could scuttle this view. I don't expect that we will be able to answer that question for a little while yet, " Reserve Bank of Australia Governor...

  • *Rajan wants to integrate India into global economy, debate. MUMBAI, Feb 12- In a video conference in mid-2014, Indian central bank governor Raghuram Rajan told employees that he wanted to hire talented external candidates and improve the quality of research at the 81- year-old central bank. But in the storied halls of the Reserve Bank of India, where staff have to...

  • LIMA, Feb 11- Peru's central bank raised the benchmark interest rate for the third straight month on Thursday and warned that rising inflation expectations threatened to trigger a feed-back loop of quickening price hikes. The central bank has risen the interest rate four times in the past six months as the currency has tumbled against the dollar amid...

  • Richard Kovacevich

    There's a global market sell-off Thursday, but there's no recession coming to the U.S., according to this former executive.

  • Feb 11- France's largest bank BNP Paribas is pulling out of a niche U.S. energy lending business for the second time in four years after plunging oil prices dragged what was once seen as some of the safest energy loans into losses. BNP shut its reserve-based lending business in Houston last week after 13- year-low oil prices stoked concerns of rising loan...

  • Cramer: Be ready when the big banks get uglier

    Mad Money host Jim Cramer shares his strategy to win against the impact of big European banks right now. You can be scared, or you can be smart. Which one is it?

  • *10- yr Treasury yields hit 1.53 pct, lowest since Aug 2012. *Dollar hits lowest vs yen since October 2014. NEW YORK, Feb 11- Stock markets fell worldwide on Thursday on fears over the health of the global economy and the banking sector, with MSCI's global stock index dropping to more than 20 percent below its all-time high, while safe-haven 10- year Treasury yields hit...

  • U.S.-BASED FINANCIAL/BANKING STOCK FUNDS POST $1.1 BLN OUTFLOWS DURING WEEKLY PERIOD; LARGEST OUTFLOW SINCE AUGUST 2015- LIPPER.

  • MEXICO CITY, Feb 11- A global selloff of riskier assets drove the Mexican peso to a record low on Thursday, spurring bets that the central bank of Latin America's No. 2 economy could hike interest rates ahead of the United States. Both Mexico and Colombia are major crude producers, but Mexico depends much less on oil exports as it ships mostly factory-made goods.

  • CHICAGO, Feb 11- Demand for bank loans, loan extensions and renewals is surging among U.S. farmers, and farm incomes are forecast to fall for a third year, as grain and livestock prices remain stubbornly low, according to reports from Federal Reserve Banks on Thursday. Access to such credit tightened in the fourth quarter, and is expected to continue to be squeezed in...

  • BOSTON, Feb 11- The former head of Anglo Irish Bank agreed in a Boston courtroom on Thursday to be extradited to his native Ireland to face criminal charges related to the bank's collapse. U.S. officials arrested David Drumm, 49, at his home in the wealthy Boston suburb of Wellesley on Oct. 10 after Irish officials asked that he be sent back to face a 33- count criminal...

  • Why the ECB is likely to go further: Rhodes

    William R. Rhodes Global Advisors CEO Bill Rhodes discusses the risk in the European banking sector and whether the ECB will take more decisive action.

  • Financials trading below book

    CNBC's Bob Pisani looks at the meltdown in bank stocks as they drop to multi-year lows.

  • How do negative rates work?

    CNBC's Dom Chu explains how negative rates are meant to work as a stimulative option for a central bank, but should it be allowed?

  • NEW YORK, Feb 11- Jeffrey Gundlach, the co-founder and chief executive officer of DoubleLine Capital, said on Thursday that gold prices are likely to reach $1400 an ounce as investors lose faith in central banks. Federal Reserve Chair Janet Yellen suggested the U.S. central bank could turn to negative interest rates in an economic downturn despite legal and...

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