TOKYO, Jan 19- Toshiba Corp's financial crisis deepened on Thursday as media reported it may unveil a bigger-than-expected $6 billion writedown for its U.S. nuclear business, sending its shares sliding 16 percent. The 142- year old firm has also approached the government-backed Development Bank of Japan for help. Takeshi Kunibe, the president of Sumitomo...
Central bank president argues the increased inflation rates were not yet a convincing trend for the ECB to amend its monetary policy.
LONDON, Jan 19- Global banks have begun signalling how they will put plans into action to cope with a "hard" exit by Britain from the European Union. The movement of jobs from London is likely to be slow at first, with banks more focused on getting regulatory approval and installing the necessary infrastructure for new or bolstered EU outposts so they can continue to...
Investor engagement is ticking up, says James Gorman, Morgan Stanley CEO, sharing his optimistic outlook on the markets but warns of risks ahead as well. We have massive geopolitical uncertainty, cautions Gorman.
Bank of America CEO Brian Moynihan has highlighted his concerns over the structural issues that Europe is facing.
James Gorman, Morgan Stanley CEO shares his views on market cycles and economic growth.
"You can't sit on your hands," James Gorman tells CNBC from Davos.
James Gorman, Morgan Stanley CEO, talks about the impact of higher rates on the bank's business. It clearly helps in the net income, say Gorman.
*Wall Street to follow European, Asian shares lower. LONDON, Jan 19- The dollar bounced back, Asian and European shares slipped and government bond yields soared to multi-week highs on Thursday after U.S. central bank chief Janet Yellen signaled a path of steady interest rate increases for the world's largest economy. The European Central Bank was set to meet as...
President-elect Donald Trump has raised concerns around the world with his protectionist pledges.
WASHINGTON, Jan 19- President-elect Donald Trump's choice for Treasury secretary, Steven Mnuchin, will defend his banking record in the aftermath of the financial crisis on Thursday and sell senators on why he should be given stewardship of the U.S. financial system. Mnuchin, a former Goldman Sachs executive, hedge fund manager and Hollywood film financier,...
President-elect Donald Trump should prioritize lifting sanctions on Russian banks, the President of Russia's second-biggest lender said.
The New York attorney general's office is investigating reverse-mortgage servicing companies, including a unit of the bank Treasury secretary nominee Steve Mnuchin ran.
ATHENS, Jan 19- The Bank of Cyprus expects modest profitability in the coming quarters and will not pay a dividend this year, its chief executive said on Thursday, speaking as its shares were listed on the London Stock Exchange. Run by high-profile veterans of the European banking crisis, with former Royal Bank of Scotland executive John Hourican its CEO and...
Through the partnership, Alibaba will provide cloud services to the International Olympic Committee.
Bank of America CEO Brian Moynihan says Europe's structural issues like Brexit could have consequences for the banking giant.
TOKYO, Jan 19- Toshiba Corp's financial crisis deepened on Thursday as media reported it may unveil a bigger-than-expected $6 billion writedown for its U.S. nuclear business, sending its shares sliding 15 percent. The 142- year old firm has also approached the government-backed Development Bank of Japan for help. Takeshi Kunibe, the president of Sumitomo...
António Horta Osório, CEO of Lloyds Banking Group, discusses developments in the future of the global banking system.
Sergio Ermotti, UBS CEO, discusses the global banking environment as it prepares for Donald Trump's presidency.
Bank of America CEO Brian Moynihan discusses how the global banking environment will respond to future U.S. President Donald Trump.
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