Finance Banks

More

  • Traders work on the floor of the New York Stock Exchange.

    As traders await earnings season, the stock market may be sending a warning sign.

  • President Barack Obama speaks to the press following a meeting with financial regulators at the White House in Washington, DC, on March 7, 2016 to receive an update on their progress in implementing Wall Street reform. On left is Federal Reserve chair Janet Yellen.

    President Obama and Janet Yellen talked about the progress in Wall Street reform in a larger discussion about the U.S. economy.

  • SAN FRANCISCO/ RUSTON, La., April 11- A former top Federal Reserve policy advisor called Monday for the Fed's 12 regional outposts to be made government entities, rather than owned, as they have been since their inception more than a century ago, by the banks they regulate. Dartmouth College Professor Andrew Levin also called for seven-year term limits for all Fed...

  • ISTANBUL, April 11- Turkey will appoint its outgoing central bank governor, Erdem Basci, as its ambassador to the Organisation for Economic Co-operation and Development, Prime Minister Ahmet Davutoglu said on Monday. Earlier in the day, the cabinet approved Murat Cetinkaya's appointment as the new head of the central bank, reassuring investors who had feared a...

  • ROME/ MILAN, April 11- Italian financial institutions have agreed to set up a 5 billion euro fund to shore up weaker banks, two of the fund's backers said on Monday, in a state-orchestrated plan to avoid a crisis in the euro zone's fourth-biggest banking sector. Rome has been keen to portray the fund as an industry initiative to ensure it does not fall foul of European...

  • Analyst: Still buy yield

    Steve Grasso, Director of Institutional Sales & CNBC Market Analyst at Stuart Frankel, talks about what to watch in the last half hour of trading.

  • Q1 bank earnings preview

    CNBC's Wilfred Frost gives an earnings preview for the financial sector ahead of big banks like JPMorgan and Wells Fargo's releases this week.

  • Handcuffs on the banks

    The bull and the bear case on the banks, with Steve Massocca, Wedbush Equity Management, and Charles Bobrinskoy, Ariel Investments.

  • TORONTO, April 11- Bank of Canada Governor Stephen Poloz is expected to talk up economic risks and play down signs of stronger growth when the central bank sets interest rates on Wednesday, anxious to keep a recovering currency from choking off exports. The Bank of Canada is expected to bump up its forecast for economic growth in 2016 from the anemic 1.4 percent...

  • *DNB says investigating processes at Luxembourg arm. OSLO, April 11- The board and top managers at Norway's largest bank didn't know its Luxembourg arm had helped some customers set up offshore firms, it said on Monday, announcing the results of an internal investigation into revelations in the "Panama Papers" leaks. After the leaks were published, DNB said on April...

  • Europeean markets cut gains after NY open

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a meeting in Rome boosting Italian banks, and UK Prime Minister David Cameron's defense of his father's Panama trust.

  • Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York.

    CEOs keep using the same word as they address shareholders, but will it help calm markets before earnings?

  • Italy's new bank bailout fund - dubbed "Atlas" - raises questions about its viability.

    Italian banks may be rallying on Monday, but the sector has still to shake off the concerns over their hefty bad loan books.

  • Timmer: Central banks are trying to buy time

    Jurrien Timmer, Director of Global Macro at Fidelity Investments, discusses the state of global central banks' and the effects of bank policy on economies and markets.

  • Chicago Options Exchange

    The financials sector is the worst-performing of the ten S&P 500 industry sectors this year. Is it time to buy? Michael Farr weighs in.

  • India's newly-launched mobile payment system mean users can receive and initiate payments by text.

  • WASHINGTON, April 11- The World Bank said on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion. "We are in a global economy where growth is expected to remain weak, so it is critically important that the World...

  • DUBAI, April 11- Abu Dhabi's International Petroleum Investment Co. is in talks with banks about issuing a bond denominated in euros, three sources aware of the matter said on Monday, with the cash to be used to refinance an upcoming maturity. Should the transaction materialise, it would be a rare bond sale from an Abu Dhabi government-related entity, meaning it...

  • LONDON, April 11- Royal Bank of Scotland will close its corporate banking operations in India as part of a plan to sell or shut businesses in two-thirds of the countries it operates in, a person familiar with the situation said. "After examining a number of potential sale options for our banking business in India, we have concluded that it is not feasible to sell the...

  • Street braces for barrage of bank earnings

    CNBC's Wilfred Frost provides a preview of this week's bank earnings which has been the worst performing sector year-to-date.

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.