Finance Banks

More

  • NEW YORK, Feb 11- Jeffrey Gundlach, the co-founder and chief executive officer of DoubleLine Capital, said on Thursday that gold prices are likely to reach $1400 an ounce as investors lose faith in central banks. Federal Reserve Chair Janet Yellen suggested the U.S. central bank could turn to negative interest rates in an economic downturn despite legal and...

  • Negative rates will impact these banks the most: Pro

    Erik Oja, S&P global markets, joins Power Lunch to discuss the pain in financials as nearly half of all companies in S&P financial sector are hitting new lows.

  • MOSCOW, Feb 11- Russia's central bank told Deutsche Bank about suspicious trades made by the German bank's clients via its Moscow office in 2014 and an investigation began after that, a senior central bank official said on Thursday. Those trades, which were identified last year, could potentially have allowed clients to breach Western sanctions on Russia over...

  • *Deep skepticism that U.S. rate hikes will happen in 2016. WASHINGTON, Feb 11- Federal Reserve Chair Janet Yellen returned to Congress with a brave face on Thursday amid a worsening meltdown in global markets and growing skepticism the U.S. central bank can carry out its long-planned pivot to "normal" monetary policy. As she did at a House of Representatives panel on...

  • No institution is an island: Millstein

    Connections between large global banks are so deep, any faltering could create a domino effect, says Millstein & Co.'s James Millstein.

  • NEW YORK, Feb 11- BlackRock Inc's chief strategist for fixed income said on Thursday his unit is shifting its approach to bond markets on new expectations that the U.S. Federal Reserve may need to loosen monetary policy. The strategist, Jeffrey Rosenberg, said upward pressures on the U.S. dollar are being relieved by reduced expectations the Fed will normalize...

  • MOSCOW, Feb 11- Russia's central bank told Deutsche Bank about suspicious trades made by the German bank's clients via its Moscow office, a senior central bank official said on Thursday. Deutsche Bank, which is being investigated over "mirror trades" which may have allowed customers to move money from one country to another without alerting authorities, then...

  • Yellen: Focused on risk from clearing houses

    Federal Reserve Chair Janet Yellen addresses the effectiveness of clearing house platforms and their own issues, and diminishing risk in the financial system.

  • Regulators vigilant on currency manipulation: Yellen

    Fed Chairman Janet Yellen says shifting the playing field through currency manipulation is unacceptable policy.

  • NEW YORK, Feb 11- Stock indexes worldwide tumbled on Thursday on fears over the health of the global economy, with banking shares slumping on both sides of the Atlantic, while safe-haven 10- year Treasury yields hit their lowest since 2012.. The U.S. dollar slid to its lowest against the safe-haven yen since October 2014 of 110.985 yen, and was on track for its worst...

  • Downturn hasn't made interest rate cut likely: Yellen

    Fed Chairman Janet Yellen says economic conditions haven't made an interest rate cut highly likely, but reiterates that policy is not on a pre-set course.

  • WASHINGTON, Feb 11- Federal Reserve Chair Janet Yellen returned to Capitol Hill with a brave face on Thursday amid a worsening meltdown on global stock markets and growing skepticism the U.S. central bank can carry out its long-planned pivot to "normal" monetary policy. Yellen, testifying before the Senate Banking Committee, stressed the bright spots in the U.S....

  • Millennials don't save enough money

    Experts say younger people are not saving enough money, due to higher living costs eating into spare income.

  • *Boeing slumps on report of SEC probe. Feb 11- Wall Street was off more than 1 percent on Thursday, pushing the S&P 500 and the Dow Jones industrial average down 10 percent for the year, as investors jettisoned stocks and scurried toward safer shores. Federal Reserve Chair Janet Yellen stuck to her guns on her return to Capitol Hill on Thursday, saying a weakened...

  • Impact of student debt on housing market

    Fed Chairman Janet Yellen addresses the macroeconomic challenges created by rising student debt.

  • Negative rates would squeeze bank margins: Yellen

    Fed Chairman Janet Yellen addresses the possible negative impact of negative interest rates.

  • NEW YORK, Feb 11- Stock indexes worldwide stumbled on Thursday on fears over the health of the global economy, with banking shares slumping on both sides of the Atlantic while safe-haven 10- year Treasury yields hit their lowest since 2012.. The dollar hit its lowest against the safe-haven yen since October 2014 of 110.985 yen, and was on track for its worst week...

  • Longstanding trends limit lower-income workers: Yellen

    Fed Chairman Janet Yellen discusses jobs growth and what the government can continue to do to improve it.

  • Sen. Bernie Sanders (L) and Donald Trump (R).

    Wall Street may not know it yet, but it's really going to miss President Obama, says Kabir Sehgal. Here's why.

  • Housing recovery continues: Yellen

    Fed Chairman Janet Yellen says the housing market is continuing to recover but it still has significant room to improve.

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.