CNBC's Wilfred Frost provides insight to the selloff in financial stocks in Europe, and fears of another banking crisis.» Read More
*Bank's market value has almost halved since a year ago. FRANKFURT, Feb 9- Deutsche Bank bosses face a formidable task to drag its shares off a 30- year low, with reassurances about its capital levels doing little to improve investor confidence and few other options on the table to trigger a recovery. Germany's flagship lender has trailed its rivals in bouncing...
CNBC's Kayla Tausche reports on carnage in the big banks.
CNBC's Jim Cramer discusses Deutsche Bank's note to employees on how to assuage clients' fears about market volatility.
The FMHR traders discuss whether an opportunity exists in financials as growing concerns rise over the health of the global banking system.
*Stock indexes extend decline to third straight day. *Index of top European shares hits lowest since Sept' 13. NEW YORK, Feb 9- Stock indexes worldwide tumbled for the third straight session on Tuesday on fears of slowing global growth, with particular concern around the health of the banking sector, while benchmark U.S.
Fears of another liquidity shock in the European banking system have gripped the markets this week, with the price of insurance for European bank debt ballooning.
CNBC's Simon Hobbs reports on how European banks are leading the tumble in markets, what the ECB may do to deposit rates, and the end of rally for mining.
Goldman, like its Wall Street peers, is grappling with low interest rates and strict regulations that have curbed profits.
CNBC's Simon Hobbs explains some of the economic challenges European banks are facing.
Europe is bouncing back, but bank stocks are taking a beating.
CNBC's Bob Pisani looks at how markets are faring including lows in overseas markets, weakness in European banks, and the growing margin of stocks in bear territory.
The European markets are being dragged down by the banks, and Deutsche Bank told employees in case clients ask about market volatility, "Deutsche Bank remains absolutely rock solid."
Deutsche Bank co-CEO told bank staff that the bank remained “absolutely rock-solid”, given its strong capital and risk position. CNBC Squawk Box anchors discuss.
Unicredit reports surprise fourth-quarter net profit in a tough three months which saw it cut 1,300 jobs and close 121 branches.
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.
Deutsche Bank co-CEO John Cryan said on Tuesday that the bank remained "absolutely rock-solid", given its strong capital and risk position.
Swedish bank Swedbank said on Tuesday Chief Executive Michael Wolf was stepping down with immediate effect.
Are global markets entering a second stage of the financial crisis, considering the recent volatility in the banking sector? Swedbank’s acting CEO, Birgitte Bonnesen weighs in.
Michael Wolf has stepped down as Swedbank’s chief executive. Swedbank’s acting CEO, Birgitte Bonnesen discusses the latest developments in the bank.
Despite missing profit expectations, Handelsbanken’s CEO explains why he remains positive on the company’s results.