Finance Banks

  • Rates settle in, 'down on week' along with dollar index

    CNBC's Rick Santelli discusses bond prices and yields.

  • hike@ SAO PAULO, Sept 23- Most Latin American stocks and currencies fell on Friday as investors booked profits from a two-day rally after Boston Federal Reserve President Eric Rosengren said he believed rates should be raised gradually now. The two currencies also suffered the impact of a drop in crude prices, a key export and source of tax revenue for both Mexico...

  • MILAN, Sept 23 (Reuters)- European shares ended weaker on Friday, pulling back from two-week highs in the previous session after the Federal Reserve signalled an increasingly cautious approach to future rate hikes, with banks leading sectoral fallers. The pan-European STOXX 600 index ended 0.7 percent lower, retreating after closing at its highest level since...

  • WASHINGTON, Sept 23- The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing enterprises like Goldman Sachs and Morgan Stanley to hold more capital against such investments. Those banks would have to hold more capital against energy and commodity investments and the Fed contemplated other restrictions like...

  • Sept 23- Neel Kashkari, president of the Minneapolis Federal Reserve Bank, said Friday that he was more worried about raising rates too quickly than too slowly, largely because the central bank is better equipped to fight high inflation than low inflation. Worry more about too quickly, "Kashkari tweeted, responding to a question about whether raising rates too...

  • WASHINGTON, Sept 23- The Federal Reserve on Friday outlined a plan to limit Wall Street bets on the energy sector by forcing enterprises like Goldman Sachs and Morgan Stanley to hold more capital against such investments. Under current law, Goldman Sachs Group Inc and Morgan Stanley may invest in energy storage and transportation in ways that other banks can...

  • FEDERAL RESERVE PROPOSES NEW LIMITS ON WALL STREET INVESTMENT IN COMMODITY SECTOR.

  • BERLIN, Sept 23- France and Germany warned on Friday against the introduction of new rules that would force banks to set aside more capital, saying this could choke off private lending and hurt growth prospects. Speaking after a meeting of the German-French economic council in Berlin, German Finance Minister Wolfgang Schaeuble and his French counterpart...

  • *No further cuts seen from Bank of England this year. LONDON, Sept 23- Global bond yields will rise modestly and spikes in volatility could be more commonplace in the coming years as loose central bank policy loses its potency, Pimco's bonds CIO said on Friday. Federal Reserve would raise interest rates, and that the Bank of England would not have to cut rates again...

  • *Bank of Canada cut interest rates twice last year. OTTAWA, Sept 23- Canada's annual inflation rate in August dipped to a 10- month low and retail sales unexpectedly fell in July, disappointing markets and reviving talk that the Bank of Canada was more inclined to ease monetary policy than tighten. The Bank of Canada, which last year cut rates twice to counter the...

  • The lesson to be learned about what's going on in Japan

    CNBC's Rick Santelli discusses the latest action in the bond market, bank of Japan and the U.S. dollar.

  • NYT's Stewart: Wells Fargo could face criminal charges

    James Stewart, The New York Times, discusses the latest on Wells Fargo and why it may be the perfect test case.

  • LONDON, Sept 23- Gold edged back towards the previous session's two-week highs on Friday and stayed on track for its biggest weekly gain in nearly two months, after the Federal Reserve sounded a cautious note on the pace of interest rate hikes. Spot gold was up 0.2 percent at $1,338.36 an ounce at 1400 GMT, and was more than 2 percent higher on the week, its best weekly...

  • WASHINGTON, Sept 23- Boston Federal Reserve President Eric Rosengren said on Friday that he believed interest rates should be raised gradually now and warned that a fall in the unemployment rate below its sustainable level could derail economic recovery in the United States. Kansas City Fed President Esther George and Cleveland Fed President Loretta...

  • Goldman on the election

    CNBC's Bob Pisani is on the floor with what’s moving markets this morning.

  • DOHA, Sept 23- Arab central bank governors said on Friday they supported a move by Yemen's exiled government to relocate the war-torn country's central bank to Aden. At a meeting in Morocco on Thursday Arab central banks said they backed the decision to relocate the central bank and would provide it with "necessary support," according to a statement on Saudi state...

  • BEIJING, Sept 23- China's central bank said the National Bank Of Canada has been given approval to issue up to 5 billion yuan of yuan-denominated bonds in China's interbank bond market. The People's Bank of China gave the information in a statement posted on its website on Friday, noting the development would further financial cooperation between China and...

  • BEIJING, Sept 23- China's central bank said the National Bank Of Canada has been approved to issue up to 5 billion yuan of RMB-denominated bonds in the country's interbank bond market.

  • LONDON, Sept 23- Gold eased from two-week highs on Friday as the dollar steadied, but stayed on track for its biggest weekly gain in two months after the Federal Reserve sounded a cautious note on the pace of interest rate hikes. U.S. gold futures for December delivery were down $5.30 an ounce at $1,339.40. ING analyst Hamza Khan said the Fed had been following a...

  • LONDON, Sept 23- Britain's HSBC is seeking to release billions of dollars of capital tied up in the United States without upsetting the country's politicians and regulators, senior sources at the bank said. HSBC, which has been in the sights of U.S. regulators over breaching anti-money laundering rules, has more than $20 billion of capital in the United States...

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