×

Finance Banks

  • LONDON, Jan 10- Banks with large London operations say they will step up lobbying European officials because they are running out of arguments to convince the British government the industry needs single market access after Britain leaves the European Union. Prime Minister Theresa May said on Sunday she was not interested in Britain keeping "bits" of its EU...

  • LONDON, Jan 10- Banks with large London operations say they will step up lobbying European officials because they are running out of arguments to convince the British government the industry needs single market access after Britain leaves the European Union. Prime Minister Theresa May said on Sunday she was not interested in Britain keeping "bits" of its EU...

  • Gold is bet way of hedging against dollar decline

    Ian Harnett, chief investment strategist at Absolute Strategy, says the U.S. dollar could lose its position as the world's reserve currency under an isolationist Trump administration.

  • *Spot gold had edged up 0.1 percent to $1,181.81 an ounce by 0054 GMT. It touched $1,185.80 on Monday, its highest since Dec. 5. *The Federal Reserve should consider trimming its $4.5 trillion balance sheet to help raise interest rates more quickly and reduce the negative impact on the economy of a stronger dollar, Eric Rosengren, president of the Boston Fed, said on...

  • NEW YORK, United States- Federal Reserve Bank of New York President William Dudley is scheduled to attend an event "The Culture Imperative- An Interbank Symposium" in New York- 1620 GMT. LONDON- Bank of England Governor Mark Carney, Bank of England Executive Director for Financial Stability Strategy& Risk Alex Brazier and other external members of the Financial...

  • HARTFORD, Conn., Jan 9- The Federal Reserve should consider trimming its $4.5 trillion balance sheet to help raise interest rates more quickly and reduce the negative impact on the economy of a stronger dollar, Eric Rosengren, president of the Boston Fed, said on Monday. "There are some benefits to actually tightening not just on short rates but also possibly on long...

  • BB&T CEO: As interest rates give more spread income, may see relief on fees

    BB&T CEO Kelly King speaks to CNBC's Kayla Tausche about how the economy and Trump administration may impact business.

  • ATLANTA, Jan 9- Recovery from the economic crisis is "largely done," and officials should now turn to addressing longer-term issues like how to boost productivity, Atlanta Federal Reserve bank president Dennis Lockhart said on Monday. It will fall to the incoming administration of Donald Trump and the Republican Congress to take up the issue, following years in...

  • The two banks are seen as the next trouble spot in Italy's slow-burning banking crisis after the government stepped in at the end of 2016 to bail out the country's third-biggest lender Banca Monte dei Paschi di Siena. Popolare di Vicenza's newly appointed chief executive Fabrizio Viola, who was brought in from Monte dei Paschi to oversee a merger with Veneto...

  • Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc.

    Investors are putting too much pressure on Goldman Sachs to carry the Dow to 20,000, CNBC's Jim Cramer said on Monday.

  • *Investor warns downgrade could push Portugal out of market. LONDON, Jan 9- Portugal is seeking to raise funds through a syndicated sale of bonds just as a persistent banking crisis, reduced support from the European Central Bank and a sluggish economy have pushed its borrowing costs to one-year highs. Portugal's finance minister Mario Centeno told Reuters in...

  • ATLANTA, Jan 9- Recovery from the economic crisis is "largely done," and officials should now turn to addressing longer-term issues like how to boost productivity, Atlanta Federal Reserve bank president Dennis Lockhart said on Monday. The Federal Reserve is quite close to achieving its mandated policy objectives of full employment and stable prices, "Lockhart...

  • Cramer on regional banks: This is the train leaving the station

    The “Fast Money Halftime Report” traders and “Mad Money” host Jim Cramer weigh in on the financial sector.

  • WASHINGTON Jan 9- A banking regulator on Monday sued Bank of America Corp over $542 million in deposit insurance that it said the second-largest U.S. bank "refuses to pay." Specifically, the FDIC points to "counterparty risk" or the danger that another leading financial firm could fail and cost Bank of America. The FDIC declined to comment.

  • LONDON, Jan 9- A U.S. banking regulator fined HSBC $33 million on Monday for past failings in its administration of some bank accounts, and ended business restrictions it had placed on the lender because of the problem. The Office of the Comptroller of the Currency, which oversees leading national banks, said it assessed the civil penalty against HSBC for failing...

  • LONDON, Jan 9- A U.S. banking regulator fined HSBC $33 million on Monday for past failings in its administration of some bank accounts, and ended business restrictions it had placed on the lender because of the problem. The Office of the Comptroller of the Currency, which oversees the U.S. federal banking system, said it assessed the civil penalty against HSBC for...

  • WASHINGTON, Jan 9- The U.S. Supreme Court on Monday declined to hear a bid by banks to avoid a Federal Deposit Insurance Corp lawsuit over the 2009 collapse of Alabama's Colonial BancGroup Inc.. The justices left in place a May 2016 ruling by the New York- based 2nd U.S. Circuit Court of Appeals that found that the FDIC did not wait too long to sue Credit Suisse Group AG,...

  • Bear

    Lee believes the first half will see the market slide from its current record perch, then rally just enough to get back to unchanged.

  • The government is due to get commitments from banks over the next two weeks for a $3 billion loan to back the $35 billion airport project, while the exhibition center is estimated to require total financing of around $7 billion, they said. The $3 billion loan for the airport expansion is split between a $2 billion conventional tranche and a $1 billion- equivalent,...

  • A logo sits on a sign at the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 23, 2014.

    Early indications suggest Davos will at least acknowledge the dramatic political shifts of the last twelve months.

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.