×

Finance Banks

  • LONDON, March 27- Britain- based banks should take steps to ensure they do not have to curb lending suddenly if the country leaves the European Union in a disorderly way, the Bank of England said on Monday as Prime Minister Theresa May prepares to start Brexit talks. BoE Governor Mark Carney said in January that the Brexit process was a bigger financial stability...

  • Banks must fulfil ECB requirements: ECB's Lautenschlaeger

    Sabine Lautenschlaeger, executive board member at the European Central Bank, discusses banking regulation in light of Brexit.

  • German markets highly competitive for banks: ECB board member

    Sabine Lautenschlaeger, executive board member at the European Central Bank, adds that there "might be a case for consolidation" in the German banking space.

  • BEIJING, March 27- Industrial and Commercial Bank of China Ltd has appointed Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation, as an independent non-executive director. In November, Agricultural Bank of China Ltd agreed to pay a $215 million fine as part of a consent order published by New York's Department of Financial Services for...

  • YEREVAN, March 27- Armenia's central bank chairman has signaled a halt to the easing cycle, saying the bank would now be more cautious in deciding whether to cut rates because of potential economic and financial risks. "Rates lower than level may have undesirable effect on development of economy's real and financial sectors, and that's why the central bank will...

  • FRANKFURT, Germany— A top banking supervisor says that British banks must put down solid roots if they want European banking licenses to keep access after the UK leaves the European Union. "Banks that have their EU base in London— which includes British banks but also non-European ones— could lose access to the other 27 EU countries if Britain opts to break away...

  • Behavox uses machine learning to analyze employees within an organization, build up a picture of workers and then flag anything untoward.

  • The HSBC Holdings Plc headquarters sits in the Canary Wharf business, financial and shopping district of London.

    The Bank of England (BOE) will test the risks associated with sterling dropping by a further 32 percent from today's level to languish at a low of 85 cents by year-end.

  • LONDON, March 27- British banks need to prepare for a wide range of potential outcomes and avoid sudden changes to lending as the country gets ready to leave the European Union, Bank of England policymakers said on Monday. Just two days before Prime Minister Theresa May plans to formally notify the European Union that Britain is ready to start two years of exit...

  • Markets are down but not out after failed health-care bill: Pro

    Tim Edwards, director at S&P Dow Jones Indices, discusses how the market is reacting to U.S. President Donald Trump's failed health-care reform bill.

  • Brexit a factor in BOE stress test reform: Pro

    Gianluca Corradi, head of U.K. banking practice at Simon-Kucher & Partners, discusses changes announced Monday by the Bank of England to its stress tests for banks.

  • CNBC's Gemma Acton discusses the Bank of England's stress tests, which she anticipates will include "quite a few changes on the assumption side ... Less so on the framework side."

  • HONG KONG, March 27- China's yuan firmed on Monday, reflecting the U.S. dollar's broad declines as President Donald Trump's inability to pass a healthcare reform bill raised doubts about his ability to see through planned fiscalstimulus measures. The People's Bank of China set the midpoint rate at 6.8701 per dollar prior to market open, firmer than the previous...

  • HONG KONG, March 27- Citigroup Inc plans to double its wealth management assets in South Korea, currently at about $3 billion, by 2020, as the U.S. bank invests more in digital technology to expand its customer base in the country.

  • MADRID- Chicago Fed President Charles Evans and ECB Chief Economist Peter Praet speaks in Madrid- 1300 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before the Dallas Committee on Foreign Relations 1700 GMT. ONTARIO- Bank of Canada Governor Stephen Poloz will attend...

  • MADRID- Chicago Fed President Charles Evans and ECB Chief Economist Peter Praet speaks in Madrid- 1300 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before the Dallas Committee on Foreign Relations 1700 GMT. ONTARIO- Bank of Canada Governor Stephen Poloz will attend...

  • BOAO, China, March 26- China will substantially cut the number of sectors closed to foreign investment, its central bank governor said on Sunday. But Zhou Xiochuan of the People's Bank of China also said that as his country opens wider, "we want China to get fair treatment overseas." Among financial sectors targeted for further opening in China were banking,...

  • BOAO, China, March 25- An advisor to China's central bank said on Saturday that he believed the People's Bank of China would want a smooth transition to holding less foreign exchange reserves. Fan was speaking at the Boao Forum for Asia in southern China's Hainan province. China's foreign exchange reserves rose for the first time in eight months in February,...

  • BOAO, China, March 25- Globalization is a reality for all countries, and is not a matter of choice, the People's Bank of China's governor, Zhou Xiaochuan, on Saturday. Zhou hopes to see clearer language on free trade and globalization at a G20 summit in July, the Chinese central bank governor said at the Boao Forum for Asia. This month, G20 finance ministers and central...

  • President Donald Trump's push to force U.S. industry to bring jobs home is opening investment avenues for Chinese companies in Mexico, an executive with Industrial and Commercial Bank of China, the country's largest lender, said on Friday. Yaogang Chen, head of ICBC's Mexico unit, said U.S. industry's loss could be China's gain. China's BAIC Motor Corp Ltd in June...

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.