×

Finance Banks

  • JP Morgan Chase

    Chase said it is "working to restore access to our website, mobile app and automated telephone service."

  • Trading Nation: Trading the financials

    Erin Gibbs, S&P Global, and Max Wolff, 55 Capital, discuss bank stocks with Brian Sullivan.

  • Jes Staley, CEO of Barclays

    A prankster posing as Barclays Chairman John McFarlane tricked CEO Jes Staley into responding.

  • BARI, Italy, May 11- Italy's economy minister sought to reassure his U.S. counterpart about the state of Italian banks on Thursday, telling him he expected lenders' bad loans on their books to fall "quite rapidly", an Italian official said. Treasury Secretary Steven Mnuchin held talks on the sidelines of a meeting of the Group of Seven industrial economies in Bari,...

  • *Banco Popular leads losers in Madrid. MILAN, May 11- European shares pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. DZ Bank chief investment strategist Christian Kahler said he expected German blue chips to rise a...

  • OTTAWA, May 11- Concern about Canada's heavily indebted households and hot housing market ratcheted higher on Thursday after Moody's downgraded the ratings for Canada's major banks, sending shares of the lenders lower and weakening Canada's currency. Canada's household debt-to-income ratio has risen to a record high 167 percent and house prices have more...

  • *Sources say planning C $2 billion asset sale. May 11- Canada's biggest non-bank lender Home Capital Group Inc on Thursday published data showing the rate at which depositors were withdrawing funds was slowing and its shares rose by as much as 20 percent. Home Capital said its high-interest savings deposits were expected to have fallen to about C $128 million...

  • May 11- Wells Fargo& Co management unveiled $2 billion in new cost cuts ahead of presentations at the bank's investor day on Thursday as the scandal-hit lender hopes to appeal to skeptical investors on the heels of disappointing first-quarter earnings. The third-largest U.S. bank said the savings will be reflected in 2019 earnings and come on top of a...

  • MUMBAI/ NEW YORK, May 11- Trade protectionism is a "dead end" that may score political points but will ultimately hurt the U.S. economy, one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders in the face of a skeptical Trump administration. William Dudley, head of the New York Fed, did not...

  • LONDON, May 11- Britain's markets watchdog said it will review how retail banks make money, echoing a probe last year by the country's competition agency which left lawmakers angry that too little was being done to reform a sector dominated by a handful of lenders. The Financial Conduct Authority said it was reviewing business models of high street banks,...

  • Central banks tend to find transparency difficult when it comes to declaring the reasoning behind their monetary policy: Buiter.

  • PARIS/ FRANKFURT, May 11- One of France's top bankers has accused low-cost rivals of piggybacking on a system built by big banks, saying they should shoulder more of the expense. "I think it is time for the authorities to realise that they cannot allow players, who offer services but where they do not pay for the infrastructure, to get settled in," said Brassac, who also...

  • EDINBURGH, May 11- The British government will make at least a 500 million pound profit from its bailout of Lloyds Banking Group, Chief Executive Antonio Horta-Osorio said on Thursday, as the lender nears a return to private hands. The government's stake in Lloyds is down to just 0.25 percent, Chairman Norman Blackwell earlier told shareholders at the lender's...

  • MOSCOW, May 11- Russia's central bank governor Elvira Nabiullina says she prefers cutting interest rates in small steps as the bank gradually eases monetary policy, adding that inflation expectations needed to be dampened further. "The Bank of Russia prefers gradualism in its policy," she said. "Now, when inflation has already fallen significantly, the Bank of...

  • May 11- Canada's biggest non-bank lender Home Capital Group Inc said on Thursday its high-interest savings deposits were expected to have fallen to about C $128 million following the completion of Wednesday's settlements. Depositors have withdrawn more than 90 percent of funds from Home Capital's high-interest savings accounts since March 27, when the...

  • Tim Sloan, Chief Executive Officer of Wells Fargo & Company, February 8, 2017.

    Investors are waiting to find out how much more money Wells Fargo management plans to save through cost cuts.

  • -China has issued a notice to banks to inquire interest rates on inter-bank borrowings, loans and bill markets, and told banks to report back to local regulators on Thursday, the official Shanghai Securities News reported, citing banking sources.

  • May 11- Canada's biggest non-bank lender Home Capital Group Inc said on Thursday its high-interest savings deposits were expected to have fallen to about C $128 million following the completion of Wednesday's settlements. Depositors have withdrawn more than 90 percent of funds from Home Capital's high-interest savings accounts since March 27, when the...

  • EDINBURGH, May 11- The British government will make at least a 500 million pound profit from its bailout of Lloyds Banking Group, the lender's chief executive Antonio Horta-Osorio said on Thursday. The government's stake in Lloyds is down to just 0.25 percent, its chairman Norman Blackwell earlier told shareholders at the lender's annual meeting in Edinburgh,...

  • MUMBAI/ NEW YORK, May 11- Trade protectionism is a "dead end" that may score political points but will ultimately hurt the U.S. economy, one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders in the face of a skeptical Trump Administration. President Donald Trump by name in a speech at the...

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.