A memo from Rep. Jeb Hensarling outlines the plan to gut Dodd-Frank bank rules. CNBC's Ylan Mui reports the details.
Jeb Hensarling is attacking the Consumer Financial Protection Bureau and scaling back rules on bank living wills and stress tests.
LONDON, Feb 9- The woman who carried out Governor Mark Carney's overhaul of the Bank of England will become a deputy governor, giving her a role in overseeing the stability of financial markets as Britain prepares to leave the European Union. Charlotte Hogg will replace Minouche Shafik as the bank's top official for markets and banking, putting her in charge of...
BUDAPEST/ WARSAW, Feb 9- Banks stocks pushed Warsaw's blue-chip stock index to its highest in 16 months on Thursday after fourth-quarter earnings from Bank Pekao beat forecasts. The index rose 2.1 percent by 1349 GMT, outperforming Central Europe's other main indices as well as the main Western European stock markets. Gains by oil stocks after crude oil prices...
Germany's central bank is bringing home gold reserves stored in places like New York and Paris faster than planned, it said on Thursday.
*SocGen says to float stake in ALD Automotive. PARIS, Feb 9- Societe Generale, France's second-biggest listed bank, is to float its vehicle leasing arm ALD towards the middle of this year, after reporting stronger than expected fourth-quarter results. SocGen said it would retain a majority stake in ALD Automotive, which has 1.4 million vehicles and provides...
Sen. Mike Rounds, (R-S.D.), providrd his thoughts on rolling back some of the regulations in the Dodd-Frank Act. Also Sen. Rounds explains why he does not support a border adjustment tax.
In light of geopolitical events and sanctions, Societe Generale CEO Frédéric Oudéa discusses how the company is performing in Russia.
Societe Generale CEO Frédéric Oudéa talks about how big of an impact Brexit will have on the company and the euro zone, with comment on passporting rights.
BUENOS AIRES/ SAO PAULO, Feb 9- When Argentina launched a tax amnesty program last year to bring billions of dollars back into the country, it found support from an unlikely corner: the banks whose clients had stashed money abroad. Some $400 billion in undeclared funds was being held outside Argentina, the economy was in recession and the government badly needed to...
Aaron Klein, Brookings Institution, shares his thoughts on the future of overhauling bank regulations.
Commerzbank CFO Stephan Engels breaks down the key details from the bank’s latest earnings report, with comment on market reaction.
Commerzbank CFO Stephan Engels talks about the bank’s return on equity, and how the industry is dealing with the interest rate environment.
Commerzbank CFO Stephan Engels says it’s probably “too early to tell” to know what the deregulation initiatives will look like, when commenting on Trump’s Dodd-Frank developments.
Commerzbank CFO Stephan Engels talks about the bank's strategic plans when it comes to Brexit and the bank's locations.
*Warsaw equities index jumps to highest in more than 15 months. *Poland's Bank Pekao reports 13 percent annual rise in Q4 net. BUDAPEST/ WARSAW, Feb 9- Banks stocks pushed Warsaw's blue-chip stock index to its highest in more than 15 months on Thursday after fourth-quarter earnings from Bank Pekao beat forecasts.
MOSCOW, Feb 9- Russia's central bank expects growth in lending to the real economy of 4-7 percent in 2017, Elvira Nabiullina, the bank's governor, said at a meeting with bankers on Thursday.
Goldman Sachs Investment Partners is folding its London operations into the U.S. and shifting staff members to New York.
Commerzbank’s earnings have beaten analyst expectations, after the bank posted a net profit of 183 million euros for the fourth quarter. CNBC’s Annette Weisbach reports.
Axiom Alternative Investments Senior Analyst, Gildas Surry takes a look at recent earnings from top French banks, with comment on Societe Generale and BNP Paribas.
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