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Commercial Banks

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  • Spain

    Spanish banks' borrowing from the European Central Bank almost doubled in March from February to 316.3 billion euros ($415.9 billion).  The question whether Spanish banks need to be recapitalized hangs over the sector like the sword of Damocles.

  • A branch of the Agricultural Bank of China, the third-largest bank in the country by assets and the fourth-largest by market cap. China's new stress tests are aimed at ensuring banks have enough capital in the eventuality of a property market correction.

    Breaking up China's biggest banks would be the "most aggressive reform measures" seen in post-1978 China, a Beijing-based economist told CNBC on Wednesday, adding that it was badly needed if growth in the world's second-biggest economy was to be sustained.

  • DBS Shares Slump After ‘Expensive’ Danamon Deal Monday, 2 Apr 2012 | 11:13 PM ET

    Shares of DBS Group Holdings fell almost 4 percent Tuesday after it said that it will buy Indonesia's Bank Danamon for $7.2 billion, prompting markets to question whether it is paying too much to become the country’s fifth biggest lender.

  • DBS Ups Exposure to Emerging Market Growth via Deal Monday, 2 Apr 2012 | 4:42 AM ET

    DBS's acquisition of Indonesia's Bank Danamon is transformational, the Chairman of the Singapore-based lender told CNBC on Monday.

  • Auditors on Alert Over Chinese Results Sunday, 25 Mar 2012 | 10:33 PM ET

    A new wave of scandals involving Chinese companies listed overseas could hit New York and Hong Kong in the coming weeks as the annual results season get under way with auditors on high alert for fraud. The FT reports.

  • Banks Set to Cut $1 Trillion From Balance Sheets Sunday, 25 Mar 2012 | 8:50 PM ET

    Investment banks are to shrink their balance sheets by another $1 trillion or up to 7 percent globally within the next two years, says a report that foresees a shake-up of market share in the industry. The FT reports.

  • What Do Rising Rates Say About Markets Wednesday, 14 Mar 2012 | 8:36 PM ET

    Like shifting sands, financial markets are rapidly realigning, and that trend will be the thing to watch Thursday, when inflation data and the latest jobless claims are released.

  • Bank Tests Could Be Net Positive for Stocks Tuesday, 13 Mar 2012 | 7:54 PM ET

    The Fed sounded the all clear for most major U.S. banks, and its stress test results could be positive for stocks Wednesday, even though four of the 19 institutions failed.

  • Developed economies are still experiencing an economic “hard landing” after the credit crunch, despite data showing small increases in gross domestic product, Stephen Gallo, head of market analysis at Schneider Foreign Exchange, said in an interview.

  • China Giving Mixed Signals on Property Market Tuesday, 13 Mar 2012 | 2:31 AM ET
    China

    Beijing's recent announcement that it has enough room to ease monetary policy is sending mixed signals about its stance on the property market, says a market watcher who sees an increase in liquidity working against curbs introduced to cool the real estate sector.

  • Smaller Chinese Policy Banks Are Weak Links: Analyst Thursday, 8 Mar 2012 | 3:54 AM ET
    A Chinese bank worker attends to a customer.

    While China's ballooning local government debt has many investors steering clear of financial stocks, one equity analyst maintains that all banks are not made equal, and it's the smaller policy lenders, or banks tasked to finance economic and trade development projects, which are the weak links.

  • LTRO a 'Crutch' for European Banks: StanChart Asia CEO Thursday, 1 Mar 2012 | 3:08 AM ET
    A man walks past a logo of Standard Chartered bank at the headquarters of SC First Bank in Seoul on June 27, 2011.

    Standard Chartered Bank's Asia CEO Jaspal Bindra has warned that the European Central Bank's long-term refinancing operations could lead to unintended consequences.

  • Commerzbank Not So Worried About Italy     Thursday, 23 Feb 2012 | 11:20 AM ET

    "Being also very close to Italy I'm not so worried about Italy as some others, the main reason being that Italy is a rich country," Eric Strutz, Commerzbank CFO, told CNBC.

  • Commerzbank 'Ahead of the Herd' on Capital: CFO Thursday, 19 Jan 2012 | 1:00 PM ET

    Banks feel squeezed by the European Banking Authority's request to raise capital, and the measure is pushing some banks out of some markets, but Commerzbank has not suffered from it, Eric Strutz, the bank's chief financial officer, told CNBC on Thursday.

  • Confidence in London Property Market Falls Friday, 6 Jan 2012 | 5:25 AM ET
    London Financial District

    Concerns about the crisis in the euro zone and the effect of sweeping regulatory changes on bank lending have pushed confidence in London’s commercial property market to the lowest level in two years. The FT reports.

  • Flash Crash Threatens to Return With a Vengeance Friday, 30 Dec 2011 | 4:58 AM ET

    What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East. The Financial Times reports

  • Fed Seeks to Curb Repo Market Risk Thursday, 29 Dec 2011 | 1:48 AM ET
    Credit Crisis

    An industry task force sponsored by the US Federal Reserve is working on a plan to scale back systemic risk in the funding market at the center of the financial crisis and to reduce trader dependence on JPMorgan Chase and Bank of New York Mellon. The Financial Times reports

  • ‘Financial Amnesia’ a Factor Behind Crisis Wednesday, 28 Dec 2011 | 2:33 AM ET
    Credit Crisis

    Fund managers and financial advisers should be forced to study financial history to reduce the likelihood of future market panics and crashes, according to a leading trade body for investment professionals. The Financial Times reports

  • Record Use Made of ECB Deposit Facility Wednesday, 28 Dec 2011 | 1:55 AM ET
    EU building flags brussels

    Eurozone banks have deposited record amounts of cash at the European Central Bank, just days after it provided unprecedented levels of liquidity in an effort to reduce tension in the financial system. The Financial Times reports

  • Banks Are the 'Grenade,' Not the Canary in a Coalmine Tuesday, 27 Dec 2011 | 6:38 AM ET

    Banks are the key to fixing Europe's ongoing economic crisis, and they must be helped to lend while recapitalization of European financial institutions takes place early next year, analysts said on Tuesday.