LONDON, Sept 27- Thousands of jobs cuts, business closures and billions of euros of capital raising are all on the cards as the new bosses of three of Europe's biggest banks respond to pressure to devise new strategies to revive them. Credit Suisse Chief Executive Tidjane Thiam, Deutsche Bank's John Cryan and Standard Chartered's Bill Winters are putting the...» Read More
TORONTO, Aug 17- OMERS Ventures, one of Canada's biggest venture-capital firms, said on Monday it has raised about C $260 million for a second fund to invest mainly in early-stage technology companies. OMERS Ventures invested in Shopify before its IPO in May, and was one of the big winners from that offering. "The closing of the fund is a positive signal for Canada's...
Nick Hungerford, CEO of Nutmeg, discusses Zurich Insurance, which may be considering a takeover bid on British insurer RSA.
Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief executive, Bill Winters, discussed reviving the bank.
LONDON, Aug 5- Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief Executive Bill Winters outlined his thoughts on reviving a bank hit by a 44 percent slump in first-half profit. Shares in the Asia- focused lender rose 4.5 percent to 994.9 pence on Wednesday as investors welcomed Winters' move to set a target...
Rett Wallace, Co-Founder and CEO of Triton Research, explains the difference between public and private initial public offerings (IPOs).
David Kostin, Goldman Sachs chief US equity strategist, discusses challenges for U.S. markets, jobs, and a raise in rates.
Jouko Ahvenainen, co-founder and executive chairman of Grow VC Group, explains how it stands out from other crowdfunding websites like Kickstarter.
LONDON, June 1- Standard Chartered's incoming Chief Executive Bill Winters is expected to raise capital and cut the bank's dividend later this year, potentially forced to act by a tough stress test of its Asian loans, investors and analysts said. Few believe the ex- JPMorgan rainmaker will miss the chance to bolster the balance sheet during his honeymoon at the...
VANCOUVER/ TORONTO, May 21- The successful initial public offering of Shopify could prompt Hootsuite, another promising Canadian tech startup, to tap public markets sooner rather than later, its chief executive said on Thursday. "I've talked about 18 to 24 months, but I'm very bullish given the success that Shopify has had, and maybe we will want to speed that up a...
Companies – even new ones – appear to be skipping out on capex, but that spending may just not get counted because your kid is playing with it, UBS said.
WASHINGTON, May 6- Chinese drone maker SZ DJI Technology Co Ltd has secured one of its largest investments yet from a Silicon Valley venture capital firm that was an early backer of Internet pioneers such as Facebook Inc, Etsy Inc and Dropbox. The Shenzhen- based company, a global leader in selling commercial and recreational drones, said on Wednesday that Palo...
Maria Contreras-Sweet, U.S. Small Business Administration, discusses the growing industry of small businesses and what the U.S. Small Business Administration is doing to improve things.
Post-9/11 veterans struggle as their unemployment rate stands at 6.7 percent, versus 5.5 percent for the general population.
Fmr Rep. Barney Frank joins CNBC's Steve Liesman to discuss stress tests, unemployment and capital.
CNBC's Rick Santelli reports the latest economic data on business supplies.
CNBC's Jeff Cox talks about capital expenditure and how this has been the missing link for the economy.
Peter Redward, Principal, Redward Associates expects U.S. fiscal tightness to dissipate and says America is on the verge of a pick up in business investment.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.
Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.
Bill Issac, Fifth Third Bancorp chairman, explains why he thinks banks should have "very high tangible equity" and a lot of "long-term and subordinated senior debt," that is "discipline" by the debt holders.