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  • Deutsche Bank Scraps Profit Target; to Cut 500 Jobs Tuesday, 4 Oct 2011 | 4:57 PM ET

    Deutsche Bank scrapped its profit target for this year, announced 500 job cuts and said that it would take further impairment charges on its holdings of Greek sovereign debt, sending its shares down on Tuesday.

  • Bail Out Greece? Many Slovaks Don't Like the Idea Monday, 3 Oct 2011 | 3:21 AM ET

    With only two countries apart from Slovakia left to approve the extension of the euro zone's bailout fund, all eyes are on the Eastern European nation of around 5 million people who are not keen on helping richer Greece. 

  • Slovak PM Hopes for Bailout Fund Vote Mid October Monday, 3 Oct 2011 | 12:49 AM ET
    European Central Bank

    Slovakia's parliament may vote on the expansion of the euro zone's bailout fund as soon as mid October, but the risk of a Greek default is still possible, Slovak Prime Minister Iveta Radicova told CNBC in an interview in Bratislava.

  • Banks, Analysts Slam Hungary's 'Disaster' Loan Law Thursday, 29 Sep 2011 | 9:46 AM ET
    Budapest, Hungary

    Hungary's decision to help its citizens pay back the foreign exchange loans they took at the height of the economic boom a few years back has sparked outrage among banks and spooked foreign investors.

  • Change in Banking System's DNA Needed: Economist Friday, 16 Sep 2011 | 8:23 AM ET
    UBS headquarters in Zurich, Switzerland.

    UBS’s $2 billion rogue trading loss highlights the need for a pan-bank risk management body, Don Tapscott, author of ‘Wikinomics: how mass collaboration changes everything’ and chairman of nGenera Insight think tank, told CNBC.

  • Safe to Bet on China Banks?     Thursday, 15 Sep 2011 | 11:20 PM ET

    China banks are a good long-term investment, says Alvin Chong, Director of Research, Head of Research at Sun Hung Kai Financial. He explains why.

  • Lehman-Type Credit Crisis Unlikely     Thursday, 15 Sep 2011 | 6:10 PM ET

    Paul Donovan, MD & Deputy Head of Global Economics at UBS, says troubles in Europe's banking sector will not evolve into a Lehman-type crisis.

  • BNY Mellon CEO Quits Amid Management Disagreements Wednesday, 31 Aug 2011 | 6:39 PM ET
    Bank of New York Mellon

    The CEO of BNY Mellon, the nation's sixth-largest bank, is stepping down due to disagreements over how to run the company.  The current president was named as the new CEO.

  • How to Trade Greek Banks Merger     Monday, 29 Aug 2011 | 11:10 AM ET

    "There might be some traders out there who might go into these banks¿ or take this opportunity to trade Greek bonds," Michael Mewes, head of fixed income, JP Morgan Asset Management, told CNBC. But he added that JP Morgan Asset Management was on the sidelines.

  • Eurobank CEO on Merger     Monday, 29 Aug 2011 | 11:01 AM ET

    Greek banks EFG Eurobank and Alpha Bank announced they merged to create southeast Europe's largest lender. Nicholas Nanopoulos, CEO of EFG Eurobank, talks to CNBC about the merger.

  • Europe Needs a Third of Banks to Disappear: Analyst Friday, 26 Aug 2011 | 10:58 AM ET

    The way to solve the euro zone banking crisis for the long-term is for a third of the industry to disappear, according to Ralph Silva, the research director at financial management consultant SRN.

  • Latin American Banks Cozy Up to Asia Amid Turmoil Wednesday, 24 Aug 2011 | 11:40 AM ET
    Banco Pine Headquarters, Brazil

    Market turmoil in Europe and the U.S. may have made financial institutions in Asia—particularly China—even more attractive sources of credit for Latin American banks.

  • Two big deals last week — Google’s takeover bid for Motorola Mobility and Hewlett-Packard’s purchase of Autonomy — underscored the growing influence of boutique investment banks.  The New York Times reports.

  • Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, the New York Times reports.

  • BNP Paribas Results Miss; CEO Says Italy 'Sound' Tuesday, 2 Aug 2011 | 3:55 AM ET
    BNP Paribas

    Second quarter profit and revenue at BNP Paribas missed forecasts on Tuesday as it took a 534 million euro ($761.1 million) provision due to its holdings of Greek debt.

  • Pedestrians walk past a branch of the Industrial and Commercial Bank of China (ICBC) in central Beijing.

    China’s banks have been putting aside more money to prepare for rising losses from loans to local governments. According to a recent report by China Construction Bank, mainland lenders have already put aside double their expected non-performing loans (NPLs) as reserves.

  • US Bond Crisis Will Affect Japanese Banks     Thursday, 28 Jul 2011 | 11:10 PM ET

    David Marshall, Senior Analyst, Asia-Pacific Financials at CreditSights, believes that a crisis in the U.S. bond market would affect all Japanese banks. He explains more.

  • Italian Banks Slump After Bond Purchase Report Wednesday, 27 Jul 2011 | 4:37 AM ET
    Piazza Venezia, Rome, Italy

    Italian bank shares were sharply lower in Wednesday morning trade after Reuters reported German Finance Minister Wolfgang Schaeuble said the euro zone's rescue fund should only purchase bonds on the secondary market in exceptional circumstances.

  • Distressed Debt Deals Set to Follow Stress Tests Friday, 15 Jul 2011 | 4:07 AM ET

    Bankers believe that an additional disclosure requirement, relating to previously unpublished details of banks’ credit exposures, could trigger approaches for credit portfolios from specialist buyers. The FT reports.

  • Bank of China

    China bank stocks fell on Wednesday after Singapore sovereign wealth investor, Temasek, sold down part of its stakes in Bank of China and China Construction Bank. But some analysts say the move could be positive for the stocks and shows there is still plenty of demand for the sector from long-term investors.

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