GO
Loading...

Diversified Banks

More

  • 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.

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    Bankers believe that an additional disclosure requirement, relating to previously unpublished details of banks’ credit exposures, could trigger approaches for credit portfolios from specialist buyers.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

  • Extra Bank Capital Means 'Global Recession': Bove Monday, 27 Jun 2011 | 2:52 AM ET

    New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.

  • Investors would do well to start preparing themselves for rising inflation in the U.S., and the best way to do that is to invest in U.S. banks, according to Michael Yoshikami, CEO and Founder of YCMNET Advisors.

  • Investors would do well to start preparing themselves for rising inflation in the U.S., and the best way to do that is to invest in U.S. banks, according to Michael Yoshikami, CEO and Founder of YCMNET Advisors.