Concerns are mounting among emerging economies as to what extent their economies could be dented by Trump's policy agenda in the U.S.
SHANGHAI, Jan 20- China's primary money rates fell on Friday, but remained elevated, after the central bank provided banks with liquidity support, to help avert a cash crunch before the Lunar New Year. The People's Bank of China said in a statement it would provide liquidity support for some major commercial banks for 28 days, and the funding cost would be about the...
The financial services industry needs to brace itself for the greatest transformation it has seen in the last 50 years, according to Bain & Company.
“Trade is becoming the lightning rod for every problem that every country has on earth”, but we must stop viewing it in isolation, the ITC has urged.
SHANGHAI, Jan 20- China has allowed its five biggest banks to temporarily lower the amount of money that they must hold as reserves to relieve pressure in its financial system as demand for cash surges ahead of the Lunar New Year holiday, three sources with direct knowledge of the matter said. The People's Bank of China has cut the reserve requirement ratio for the...
Brexit, elections in Europe and the uncertainty surrounding a Donald Trump presidency are causes for concern; Nordea's CEO.
Vladimir Putin could make a 'windfall' if the President-elect lets his 'emotions' get in the way, Hermitage Capital's CEO told CNBC.
Christian Ulbrich, CEO of JLL, said the Brexit decision caused "uncertainty" but he sees 2017 showing a rebound in London.
BEIJING, Jan 20- China's central bank said on Friday it will provide temporary liquidity support for several major commercial banks for 28 days, according to a notice posted on its official microblog.
The euro clearing houses that trade from London could only remain in the city after Brexit if the new framework is "strong enough."
Nordea Bank CEO Casper von Koskull discusses his business strategy, touching on restructuring and customer satisfaction.
ECB executive board member Benoît Coeuré talks about the future of banks when it comes to the Brexit negotiations.
SHANGHAI, Jan 20- China has allowed its five biggest banks to temporarily lower the amount of money that they must hold as reserves to relieve pressure in its financial system as demand for cash surges ahead of the Lunar New year holiday, three sources with direct knowledge of the matter said. The People's Bank of China has cut the reserve requirement ratio for the...
The CEO of oil and gas production company EnQuest has told CNBC that spending in the industry has fallen during the current downturn more than any previous cycle.
SHANGHAI, Jan 20- China bank has allowed its five biggest banks to temporarily lower the amount of cash that they must hold as reserves, to ease seasonal liquidity tightness amid huge cash demand heading into the long Lunar New Year holiday, three sources with direct knowledge of the matter said. "This is a temporary adjustment, and is mainly in response to the cash...
Trump boosting the economic performance in the U.S. would help our business grow, according to the CEO of Ahold Delhaize.
TOKYO, Jan 20- Japanese government bond prices edged higher on Friday as a regular debt-buying operation by the Bank of Japan helped offset pressure from an overnight drop in U.S. That peak in yield was hit after Federal Reserve Chair Janet Yellen signaled faster interest rates than markets had been anticipating and as an auction of five-year JGBs drew tepid...
With Trump's inauguration less than a day away, investors are anxiously waiting to see what new regulations could influence bank outlooks.
The bank also named Richard Yorke, who previously headed the international group, as chief operating officer for the wholesale banking business. Wells Fargo derives just 4 percent of its revenues from outside the United States. Wells Fargo now has operations in 42 countries and territories with close to 3,000 employees in Asia Pacific, Europe and the United...
David Ellison, Hennessy Large & Small Cap Financial Fund portfolio manager, weighs in on what's next for financials under a Trump administration.
Get the best of CNBC in your inbox