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Finance Banks

  • Some of the most influential leaders will descend upon snowy Davos this week, yet how many of those voicing opinions will be women?

  • Italy's banks a contributing factor in rating downgrade: DBRS

    Fergus McCormick, co-head of sovereign ratings and chief economist at DBRS, explains why his organization has cut Italy's credit rating.

  • Global uncertainty as a result of a looming Trump presidency has caused the IMF to leave its growth forecasts unchanged for 2016 and 2017.

  • *Earnings miss at Riyad Bank prompts slide by sector. Riyad Bank, the first major Saudi bank to report fourth-quarter earnings, posted a 66 percent fall in net profit to 293 million riyals, citing higher impairment charges for credit losses as well as lower operating income from fees and commissions. Analysts polled by Reuters had on average forecast Riyad Bank...

  • Adecco.jpg

    "One of the strengths of the U.K. is its ability to attract very highly talented people from all over the places."

  • Businesses could unlock $12 trillion in economic opportunities by 2030 if they adopt more sustainable development models says a new report.

  • Davos, Switzerland gets ready to host the World Economic Forum this week.

    The latest WEF report stressed that the way a country measures economic growth must be re-imagined to prioritize people's living standards.

  • LONDON, Jan 16- Italy's government bond yields rose slightly on Monday after the country's sovereign credit rating was downgraded by DBRS, a move that could raise borrowing costs for its frail banking sector. Canadian ratings agency DBRS on Friday cut Italy's credit rating to BBB from A, citing uncertainty over the country's ability to pass reforms, continuing...

  • Brazil’s Finance Minister, Henrique Meirelles.

    Henrique Meirelles tells CNBC it would be intriguing to see how the incoming Trump administration works together.

  • The benefits of free trade and cross border investment are so clear that the Asian Infrastructure Investment Bank (AIIB) is not concerned over Trump’s protectionism.

  • *Critics say banks' risk calculation is flawed. STOCKHOLM, Jan 16- Sweden's four largest banks are using a calculation of the risk to their loan portfolio's that critics say is flawed and leaves them vulnerable to any correction in the booming housing market. Swedish households are now among the most indebted in Europe.

  • LONDON, Jan 16- Italy's government bond yields rose on Monday after the country's sovereign credit rating was downgraded by DBRS, a move that could raise borrowing costs for its frail banking sector. Canadian ratings agency DBRS on Friday cut Italy's credit rating to BBB from A, citing uncertainty over the country's ability to pass reforms, continuing weakness...

  • Financials will continue to outpace: Expert

    Tom Gentile, editor at Power Profit Trades, says that corporate earnings from financials will lead the pack.

  • Expect 3 Fed rate hikes in 2017: UBS

    Edmund Koh, head of wealth management APAC at UBS, talks about global market conditions for the year ahead.

  • PARIS- ECB policymakers Francois Villeroy de Galhau and Peter Praet to speak at a Bank of France's " Secular Stagnation and Growth Measurement Conference"- 0800 GMT. WASHINGTON, United States- Federal Reserve Board Governor Lael Brainard speaks on monetary and fiscal policy before the Brookings Institution- 1500 GMT. WASHINGTON- Federal Reserve Board Chair...

  • PARIS- ECB policymakers Francois Villeroy de Galhau and Peter Praet to speak at a Bank of France's " Secular Stagnation and Growth Measurement Conference"- 0800 GMT. WASHINGTON, United States- Federal Reserve Board Governor Lael Brainard speaks on monetary and fiscal policy before the Brookings Institution- 1500 GMT. WASHINGTON- Federal Reserve Board Chair...

  • Founder of the World Economic Forum says global trade, which has created hundreds of millions of job, should not be made a scapegoat.

  • The head of Iraq's Counter Terrorism Service said security forces were close to seizing the entire east bank of the Tigris, which bisects Mosul north to south. For the ultra-hardline Islamic State, losing Mosul would probably spell the end of the Iraqi side of its self-styled caliphate, which it declared in 2014.. The military will be able to begin attacks on...

  • PARIS- ECB policymakers Francois Villeroy de Galhau and Peter Praet to speak at a Bank of France's " Secular Stagnation and Growth Measurement Conference"- 0800 GMT. WASHINGTON, United States- Federal Reserve Board Governor Lael Brainard speaks on monetary and fiscal policy before the Brookings Institution- 1500 GMT. WASHINGTON- Federal Reserve Board Chair...

  • PARIS- ECB policymakers Francois Villeroy de Galhau and Peter Praet to speak at a Bank of France's " Secular Stagnation and Growth Measurement Conference"- 0800 GMT. WASHINGTON, United States- Federal Reserve Board Governor Lael Brainard speaks on monetary and fiscal policy before the Brookings Institution- 1500 GMT. WASHINGTON- Federal Reserve Board Chair...

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