Dec 4- Fifth Third Bancorp, a Midwest U.S. regional bank, has agreed to pay $6.5 million to settle U.S. Securities and Exchange Commission charges that it accounted improperly for commercial real estate loans during the 2008 financial crisis, reducing its reported loss.» Read More
TOKYO, Oct 3- Japan government bond prices ended Thursday morning session modestly lower in the 7- year and longer zone. Large domestic banks sold mid-term JGBs in relatively large lots, while many regional banks bought them ahead of the Bank of Japan's policy decision on Friday, JGB traders and money managers said.
Jean-Claude Trichet, Former president of the European Central Bank says euro zone officials must decide on a single authority to handle the region's 'bad banks' as soon as possible.
TOKYO, Sept 24- Japanese government bond prices were modestly higher on Tuesday morning, underpinned by stronger U.S. Treasuries, a fall in Tokyo stocks and buying for month-end duration changes. As widely expected, the Bank of Japan offered to purchase 400 billion yen of 5- year to 10- year JGBs in the secondary market under its massive JGB buying program.
**L&L ENERGY, $1.20, down 42 pct. Research firm GeoInvesting said in a blogpost in SeekingAlpha that it was preparing to file a "whistleblower report" to the Nasdaq and the SEC accusing L& L Energy of defrauding investors by booking substantial revenue from operations that have been idled.
Federal Reserve may be confident enough about the economy to begin scaling back its bond-buying stimulus, perhaps as soon as Wednesday, but one economic indicator is stubbornly weak: bank lending.
Singapore is widely touted as the Switzerland of the East, and as Peter Sands, Group CEO of Standard Chartered told CNBC, that's why the city-state is one of bank's key markets.
HAMBURG, Sept 17- To the casual observer, the Landesbanken's results for the first half of this year might suggest Germany's publicly-owned regional banks are in good financial health.
HAMBURG, Sept 17- To the casual observer, the Landesbanken's results for the first half of this year might suggest Germany's publicly-owned regional banks are in rude financial health.
Many of the stocks most loved by the market may be troublesome for investors, Cramer said, and buying now could be a dangerous proposition.
ZURICH, Sept 11- Private bank Rahn& Bodmer is under investigation by U.S. authorities, it said on Wednesday, following a recent deal to allow some Swiss banks to pay fines instead of facing prosecution for tax evasion by their U.S. customers.
ZURICH, Sept 11- Swiss private bank Rahn& Bodmer is under investigation by U.S. authorities, it said on Wednesday, the latest bank to be targeted in lengthy dispute over tax evasion.
A top litigation lawyer for JPMorgan Chase is leaving the bank as it faces mounting regulatory headaches, lawsuits and investigations, sources tell The Wall Street Journal.
Aug 8- Federal Reserve Bank of Cleveland President Sandra Pianalto will resign as head of the U.S. regional central bank in early 2014, the bank said on Thursday. Pianalto has been president of the Cleveland Fed, one of 12 regional banks in the U.S. Federal Reserve system, since 2003..
CNBC's Rick Santelli talks with Harris Simmons, chairman and CEO of Zions Bancorp, about the impact of rising interest rates on banks.
The nation's banks are bracing for a new round of cyberattacks. CNBC's Kayla Tausche reports on a message by the Al-Qassam Cyber Fighters.
TOKYO, July 31- Japanese regional lender Ashikaga Holdings Co Ltd, owned by a Nomura-led group of investors, has applied to list on the Tokyo Stock Exchange in what could be a $1 billion share offer before the end of the year, two sources close to the deal said.
Tight loan underwriting is about halfway back to the "too liberal" standards before the Great Recession, BB&T Chairman and CEO Kelly King warns on CNBC.
Kelly King, BB&T chairman & CEO, discusses how the yield curve is impacting the mortgage business and weighs in on the commercial and retail banking space.
Gerard Cassidy, RBC Capital Markets lead bank analyst, explains how a jump in interest rates will likely impact bank stocks.
The coal stocks are getting hammered today, reports CNBC's Bertha Coombs. And the trade on Apple's dip below $400, with the FMHR crew. Also Anton Schutz, Mendon Capital Advisors shares his rising rates bank picks.