Finance Banks


  • MILAN— Italian lender UniCredit says its earnings dropped in the fourth quarter, on a day its shares were being battered amid broad concerns over the country's banking system. UniCredit reported Tuesday a net profit of 153 million euros, down from 170 million euros a year earlier. UniCredit's stock was down 4.1 percent at 2.88 euros.

  • Swedbank strategy is to stay as retail bank: CEO

    Michael Wolf has stepped down as Swedbank’s chief executive. Swedbank’s acting CEO, Birgitte Bonnesen discusses the latest developments in the bank.

  • Earnings are best result in our history: Handelsbanken CEO

    Despite missing profit expectations, Handelsbanken’s CEO explains why he remains positive on the company’s results.

  • What’s shaking up European banks?

    Banor Capital's Francesco Castelli, discusses how European banks can solve the non-performing loans (NPLs) problem.

  • LONDON, Feb 9- The yen rose on Tuesday to its highest against the dollar since November 2014, as a sell-off in global stocks and worries about Europe's banks stoked demand for safe-haven currencies. Europe's banking index fell 1 percent and yields on southern European government bonds rose, pushing the euro lower against the dollar to $1.1185.

  • We have an advantage in potential mergers: BPM CEO

    Giuseppe Castagna, CEO of Banca Popolare di Milano, discusses the bank's results and the potential for a merger with other banks.

  • SHould we be concerned about Italian banks?

    Erik Nielsen, global chief economist at UniCredit, says the prices of Italian banking stocks make no sense, except in a doomsday scenario.

  • LONDON, Feb 9- Futures prices for European banks fell on Tuesday, as concerns mounted over the health of the region's top lenders given signs of a global economic slowdown. Futures on the Euro Stoxx Banks index fell 0.7 percent. Borrowing costs in Spain, Portugal and Italy jumped as investors demanded a fatter risk premium over safer German paper, where two-year...

  • LONDON— Financial markets turned lower once again on Tuesday after a 5.4 percent slide in Japan's main stock index and the interest rate on the country's benchmark bond dropped into negative territory for the first time ever. On Tuesday, Japan's Nikkei index led the way lower, ending the day down 5.4 percent at 16,085.44. The FTSE 100 index of leading British...

  • Japan's banks will likely bear the brunt of the Bank of Japan's negative interest rates move, but analysts are divided on how badly they'll be hit.

  • Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • Google

    U.S. markets mounted a late-day climb Monday, leading "Fast Money" traders to believe some stocks may have reached a bottom.

  • Concerns weigh on financials

    CNBC's Bob Pisani looks at the day's market action as the market sell-off intensifies.

  • TORONTO, Feb 8- Canada's main stock index fell on Monday as banking, energy and consumer stocks lost ground, pressured by a broader sell off in European and U.S. stocks amid worries over global growth and the health of the financial sector. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 228.59 points, or 1.79 percent, at 12,535.40...

  • Consumer discretionary winners signaling a bottom?

    CNBC's Bob Pisani looks at the day's market action and spotlights beaten-down winners in the consumer discretionary sector.

  • Lack of liquidity could exacerbate sell-off: Pro

    Cantor Fitzgerald CEO Shawn Matthews discusses the reasons behind the latest market sell-off and why this isn't a repeat of the financial crisis.

  • European bank concerns are 'overdone': Pro

    CLSA Research Analyst Mike Mayo explains why financials are in much stronger shape than they were during the start of the 2006 financial crisis.

  • A red traffic light is seen next to the headquarters of Germany's Deutsche Bank in Frankfurt, Germany, January 26, 2016.

    European banks are facing potential asset sales to shore up capital against a rising tide of bad energy loans.

  • Concerns weigh on financials

    CNBC's Bob Pisani looks at the day's market action as the market sell-off intensifies.

  • MONTREAL, Feb 8- Central bankers cannot take primary responsibility for upholding financial stability because interest rates are too blunt an instrument to address potential problems in just one part of the economy, a Bank of Canada official said on Monday. But Bank of Canada Deputy Governor Timothy Lane noted that while stimulative monetary policy might...

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