*FTSE 100 closes 0.9 percent lower. LONDON, Oct 26- Britain's top share index hit a three-week low on Wednesday, with hotel operator Whitbread falling on a raft of negative broker comments and Antofagasta dragging down miners after a disappointing earnings update. Basic resources stocks were on the back foot, with the UK mining index down 1.4 percent, pressured by...
The influential state-run newspaper Global Times said late on Tuesday in its English-language edition that announcement from the Ministry of Human Resources and Social Security's decision to proceed with the plan has triggered concerns over the management of the pension funds. "Managing the pension could be a problem since the funds are currently in the...
STOCKHOLM, Oct 26- Telecoms gear maker Ericsson picked Swedish businessman and board member Borje Ekholm to take over as chief executive on Wednesday as the firm grapples with cost cuts and an industry downturn. Ekholm, 53, served for a decade as CEO of the Wallenberg family-backed investment firm Investor AB and is currently CEO of Investor AB subsidiary...
Luis Costa, head of CEEMEA FX and rates strategy at Citi, says sterling will continue to fall and uncertainty will prevent capital flows.
Pier Carlo Padoan, Italian finance minister, says that all financial institutions "should be aware ... of the systemic implications of their decisions."
BlackRock said it would cut prices across its U.S. iShares Core ETFs to help advisers transition to a new rule governing retirement products.
Karine Hirn, a partner at East Capital, discusses the significance of China's renminbi being added to the IMF's basket of reserve currencies.
Bordier & Cie's Bryan Goh warns that Deutsche Bank's troubles might affect its CoCo bond coupons payments and lock it out of the CoCo bond market.
Goldman Sachs is cutting almost 30 percent of its 300 investment banking jobs in Asia in response to a slowdown in activity in the region.
The billionaire investor's portfolios were boosted by strong gains at drug company Valeant Pharmaceuticals.
Deutsche Börse Executive Board member Jeffrey Tessler says the merger is a positive for Europe as it's focused on driving growth in the region.
Chinese outward investments could hit $150 billion this year and some rejections were to be expected, says American Enterprise Institute's Derek Scissors.
A participant in Morgan Stanley's retirement-savings plan sued Friday, alleging its investment options are poor, including some funds the bank runs.
There's still time yet to set up the Shenzhen-HK Stock Connect in 2016, Charles Li told CNBC.
While Brexit's impact on Asia might be limited, it will affect Asian financial centers such as Hong Kong and Singapore the most, says Jefferies' Sean Darby.
The Fed will not be raising rates this year, so U.S. banks won't be earning more on net interest margins, says Wedbush Equity Mgmt's Steve Massocca.
Moody's Investors Service's Srikanth Vadlamani explains that consolidation of Indian state banks might create larger risks than benefits.
Britain's government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources told Reuters.
Deutsche AM's Sean Taylor says China's new regulation, which allows foreign firms to issue shares on mainland markets, is part of its market reform.
A number of US companies are exposed to risks from a Brexit — for a variety of reasons. Here’s a breakdown.