By Taiga Uranaka and Noriyuki Hirata. TOKYO, March 4- Japanese regulators are increasing the pressure on regional banks to consolidate, worried that shrinking populations outside the nation's major cities will leave lenders too weak to stand on their own.» Read More
Fed Governor Jeremy Stein told economists that financial firms outside of traditional banking are less stable because they rely less on cash deposits.
As Beijing allows local governments to refinance debt by issuing bonds, Viktor Shvets, Head of Strategy Research, Asia at Macquarie, says capital markets are now responsible for solving a banking crisis.
Sharnie Wong, Asia Banks Analyst at Barclays, expects tapering to hit margins of Hong Kong and Singapore banks, so she advises to position defensively in lenders with strong deposit franchises.
According to Barclays, a reduction of the Fed's QE program could start earlier than expected, which could hit profit margins, loan growth and asset quality in Asian lenders. CNBC's Adam Bakhtiar reports.
CNBC's Sri Jegarajah reports on the latest developments from Europe after finance ministers failed to reach an agreement on a banking union. David Mann of Standard Chartered weighs in.
William Rogers, SunTrust Banks chairman & CEO, provides insight into whether the Volcker Rule will impact his regional bank.
*Valiant says U.S. clients are less than 1 pct of total. ZURICH, Dec 9- Valiant Holding AG on Monday became the first Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
Russell Goldsmith, City National Bank chairman & CEO, explains how tapering is a sign the U.S. economy is improving, and weighs in on how the Volcker Rule will likely impact banks.
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.
NEW YORK, Nov 14- BlackRock Inc, a money manager that has long worked with the largest U.S. financial institutions, is now turning to the country's smaller banks, where it sees a promising market for exchange-traded corporate bond funds.
Nathan Bell, Research Director at Intelligent Investor explains which Australian banks he likes best.
Mike Hirst, Managing Director at Bendigo and Adelaide Bank explains the challenges to growing the lender's top line as the bank holds its annual general meeting (AGM) on Monday.
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.