Finance Banks

  • Cramer discovers a massive rotation of money, primed to explode stocks higher

    Jim Cramer shares the signals he sees that sleepy sectors are finally waking up, and could be ready to fly higher.

  • BUENOS AIRES, Oct 27- The banking and energy sectors present the most opportunities for foreign investors looking for exposure to Argentina as its economy opens after years of isolation, Itau BBA's senior vice president of research for Latin America said on Thursday. "With the banking sector and the energy sector the attraction is that both are far behind in...

  • U.S.-BASED BANKING/FINANCIAL SECTOR FUNDS ATTRACT $244 MLN IN WEEKLY PERIOD; 4 TH STRAIGHT WEEK OF INFLOWS- LIPPER.

  • Janet Yellen

    The Fed Chair has sent minds reeling again with a relatively new addition to the monetary policy lexicon.

  • WASHINGTON, Oct 27- Credit unions will be able to reach more consumers with their not-for-profit business model under rules passed by the industry's regulator on Thursday, U.S. officials said. The industry regulator, the National Credit Union Administration, on Thursday approved a plan that relaxes membership restrictions- an action welcomed by the industry.

  • *Abu Dhabi's First Gulf Bank rises after earnings. *Earnings miss pulls down Qatar's GISS. DUBAI, Oct 27- Banking shares that were beaten down earlier this month by fears of slowing economic growth in the region boosted several Gulf stock markets on Thursday, despite weakness in Asian bourses and oil prices.

  • FRANKFURT, Oct 27- Deutsche Bank chief John Cryan pledged to redouble restructuring efforts on Thursday, warning that the bank faces tough times ahead as it finalizes talks with U.S. justice authorities over a multi billion dollar fine. Germany's biggest lender earlier posted an unexpected quarterly profit, benefiting from a modest rebound in bond trading,...

  • Klaus Regling's remarks may reassure investors by showing how Europe could respond any future emergency, including in a larger country such as Italy. Europe is slowly recovering from a debt crisis triggered by the collapse of banks but an overhang of almost 1 trillion euros of bad loans threatens further trouble ahead. Asked about Italy, Regling, who heads the...

  • Wall Street pedestrians

    S&P could consider making rating changes of major financial institutions if the use blockchain technology becomes widespread.

  • FRANKFURT, Oct 27- Deutsche Bank chief John Cryan pledged to redouble restructuring efforts on Thursday, warning that it faces tough times finalising talks with U.S. justice authorities over a multi billion dollar fine. Germany's biggest lender earlier posted an unexpected quarterly profit, benefiting from a modest rebound in bond trading, but failed to...

  • FRANKFURT, Oct 27- Mergers and acquisitions in the European Union's bank sector ground to a halt in the first half of this year, European Central Bank data showed on Thursday, despite pressure from shrinking margins and from the ECB itself. The dearth in deals came as banks' share prices fell sharply due to concerns about shrinking margins, high levels of bad loans...

  • ISTANBUL, Oct 27- Turkey's central bank on Thursday raised its forecast for next year's inflation to 6.5 percent and indicated it was nearing the end of its drive to simplify policy around a single interest rate. The bank, which uses multiple rates to set policy, has cut the top end of its interest rate "corridor" seven times this year, steadily moving toward a single...

  • A man walks past Deutsche Bank offices in London.

    Deutsche Bank is looking into tying compensation to share performance, the bank’s CFO said.

  • WASHINGTON, Oct 27- Credit unions will be able to more easily expand into markets dominated by banks after a reform vote on Thursday, industry officials say, as regulators clear the way for the not-for-profits lenders. "We expect the NCUA to ease unnecessary regulatory restrictions," said Carrie Hunt, a lobbyist for the National Association of Federal Credit...

  • Deutsche Bank should split: Professor

    Jan Pieter Krahnen, professor of finance at Goethe University Frankfurt, suggests how Deutsche Bank could restructure itself to emphasize its profitability.

  • Deutsche Bank's proof is in the pudding: Analyst

    Gildas Surry, partner at Axiom Alternative Investments, discusses Deutsche Bank's unexpectedly positive third-quarter earnings.

  • LONDON, Oct 27- Britain has cut its stake in Lloyds Banking Group to just below 9 percent in a renewed attempt to return the lender to full private ownership over the next year. UK Financial Investments Limited, which manages the government's stake in the bailed-out bank, said earlier this month it would resume share sales that were shelved almost a year ago...

  • Deutsche Bank shares rise at open after earnings beat

    After Deutsche Bank released its Q3 earnings, CNBC’s Annette Weisbach looks at the market's reaction to the stock, while commenting on overall results.

  • By Arno Schuetze and Anjuli Davies. FRANKFURT, Oct 27- Deutsche Bank chief John Cryan pledged on Thursday to redouble restructuring efforts, warning that the bank faces tough times as it seeks to finalize talks with U.S. justice authorities over a multi billion dollar fine. Germany's biggest lender posted an unexpected quarterly profit, benefiting from a...

  • STOCKHOLM, Oct 27- Sweden's central bank held its benchmark rate at -0.50 percent and its 245 billion Swedish crown quantitative easing programme unchanged as expected on Thursday.

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