×

Finance Banks

  • *Federal Reserve officials, including Chicago Fed President Charles Evans and his Boston counterpart, Eric Rosengren are scheduled to speak at separate events and may comment on the central bank's interest rate outlook. *While Fed Chair Janet Yellen did not comment on monetary policy at a conference on Tuesday, Vice Chairman Stanley Fischer hinted on CNBC...

  • *Charged with being part of scheme to breach Iran sanctions. ISTANBUL, March 29- Shares of Turkish state lender Halkbank were headed for their biggest ever one-day fall on Wednesday after U.S. prosecutors charged a senior executive with participating in a multi-year scheme to violate sanctions against Iran. Halkbank, Turkey's fifth-largest listed bank by...

  • People walk past the entrance to the Goldman Sachs investment offices in Peterborough Court on October 10, 2016 in London, England.

    Goldman Sachs sought to reassure London-based staff over potential disruption to its business as a result of Brexit in a voicemail.

  • BUDAPEST/ WARSAW, March 29- Central European currencies eased on Wednesday after Hungary's central bank continued to squeeze funds from its 3- month deposits, while Poland's zloty retreated from 11- month highs. In Prague, the crown set a new 4- month high in one-month forwards contracts at 26.9 against the euro ahead of an auction of government bonds.

  • SHANGHAI, March 29- Hong Kong stocks pared early gains to end slightly higher on Wednesday, as weakness in property shares offset buying in shipping firms and index heavyweight Tencent. More large cities on China's wealthy east coast- Fuzhou, Xiamen, and Hangzhou- stepped up property curbs this week, following Beijing's drastic moves that analysts say could...

  • As U.K. Prime Minister May begins the Brexit process on Wednesday, the financial center in London faces slow hemorrhaging, analysts said.

  • Passporting back in the spotlight

    Martin Smith of East and Partners says Dublin and Frankfurt could prove to be alternative headquarters for European banks.

  • LONDON- Bank of England Executive Director, Chris Salmon speaks at Foreign Exchange Industry event in London. FRANKFURT- European Central Bank Executive Board Member Peter Praet delivers speech at the "2017 Harvard Law Europe- US Symposium on International Financial Systems"- 1750 GMT. NEW YORK- Federal Reserve Bank of San Francisco President John Williams...

  • LONDON- Bank of England Executive Director, Chris Salmon speaks at Foreign Exchange Industry event in London. FRANKFURT- European Central Bank Executive Board Member Peter Praet delivers speech at the "2017 Harvard Law Europe- US Symposium on International Financial Systems"- 1750 GMT. NEW YORK- Federal Reserve Bank of San Francisco President John Williams...

  • WASHINGTON, March 28- Wells Fargo& Co has flunked a U.S. regulatory test on a national scorecard for community lending, the bank said on Tuesday, as it tries to repair its reputation after a phony-accounts scandal. The Office of the Comptroller of the Currency deemed Wells Fargo a bank that "needs to improve" under the Community Reinvestment Act, a law meant to promote...

  • NEW YORK, March 28- U.S. prosecutors on Tuesday charged an executive at a Turkish state-owned bank with participating in a multi-year scheme to violate U.S. sanctions against Iran, escalating a case that has added to tensions between the United States and Turkey. Magistrate Judge James Francis in Manhattan, a day after being arrested at John F. Kennedy...

  • NEW YORK, March 28- U.S. prosecutors on Tuesday charged an executive at a Turkish state-owned bank with participating in a multi-year scheme to violate U.S. sanctions against Iran, escalating a case that has added to tensions between the United States and Turkey. Magistrate Judge James Francis in Manhattan, a day after being arrested at John F. Kennedy...

  • NEW YORK, March 28- The dollar rose on Tuesday, bouncing from 4- month lows, as a top Federal Reserve official reinforced expectations of more U.S. rate hikes to come while political uncertainties surrounding Britain's exit from the EU pressured European currencies. Fed Vice Chairman Stanley Fischer said two more increases of U.S. overnight interest rates this...

  • WASHINGTON, March 28- A U.S. bank regulator has flunked Wells Fargo on a national scorecard for community lending, the bank said on Tuesday as it tries to repair its reputation after a phony-accounts scandal. Wells Fargo had previously boasted an "outstanding" score on CRA. Wells Fargo has a track record of serving needy communities on a day-to-day basis but the...

  • WASHINGTON, March 28- A U.S. bank regulator has flunked Wells Fargo on a national scorecard for community lending, the lender said on Tuesday as it tries to repair its reputation after a phony-accounts scandal. Wells Fargo was deemed a bank that "needs to improve" under the Community Reinvestment Act, a law meant to promote lending to poor neighborhoods.

  • Whalen: Financials are badly overpriced

    Christopher Whalen, Whalen Global Advisors, weighs in on the recent pullback in financials.

  • *Wall Street shares up as banks gain. NEW YORK, March 28- Stocks recovered on Tuesday as investors chose to look beyond U.S. Advancing shares in Asia and Europe helped boost the MSCI's all-country world equity index, which hit a near-two-week low on Monday.

  • Harvard professor: It's the combination of capital and liquidity regulation that needs to be re-examined

    Harvard Law School professor Hal Scott, weighs in on financial deregulation, stress tests and banking regulation.

  • NEW YORK, March 28- The dollar steadied broadly on Tuesday, hovering above 4- month lows, as a general risk-off mood in currency markets offset comments from Federal Reserve officials that suggested the U.S. central bank was poised to continue its rate-hike cycle. "Youre seeing risk reduction... but youre also seeing a flight to quality," said Douglas Borthwick,...

  • *Two of China's Big Five post near-flat annual profit growth. SHANGHAI, March 28- Two of China's' Big Five' lenders, Bank of Communications and Agricultural Bank of China, reported modest annual profit growth on Tuesday, as they battled operating pressures and the narrowest net interest margins since at least 2011.. The pressure on assets will be strong this year...

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 our products and service. Privacy Policy.