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Balance Sheets

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  • SEOUL, March 14- POSCO's new chief executive said the South Korean steelmaker will sell non-core assets and list some affiliates to shore up its balance sheet, shying away from major new investments in a marked break from his predecessor's strategy.

  • ECB review forces Italian banks to face up to reality Wednesday, 12 Mar 2014 | 12:04 PM ET

    *Italy no longer cause for alarm among foreign investors. Italy's largest bank by assets UniCredit and troubled lender Monte dei Paschi di Siena this week announced the write-downs- of 13.7 billion and 2.75 billion euros respectively- as they prepare for an industry-wide health check that European lenders are undergoing this year.

  • FRANKFURT, March 11- The European Central Bank will press euro zone banks to revalue their assets and take a more realistic view on likely losses when it probes their balance sheets in the coming months, signalling a new, more aggressive era of banking supervision.

  • MILAN, March 11- UniCredit posted a record 14 billion-euro loss on Tuesday due to huge writedowns on bad loans and past acquisitions as it moved to clean up its balance sheet ahead of an industry-wide health check by European regulators.

  • FRANKFURT, March 11- The European Central Bank will press banks to revalue their assets and take a more realistic view on likely losses when it probes their balance sheets in coming months, signalling a new, more aggressive era of banking supervision in the bloc.

  • *Impairments and' hard to value' assets key areas. DUBLIN, March 10- The European Central Bank's stance on how bad loans are defined will be one of the biggest revelations to the euro zone's largest banks when it details on Tuesday how it will test balance sheets, three sources with knowledge of the tests told Reuters.

  • *ECB disappoints bears, euro seen rising to $1.40. LONDON, March 7- The euro raced to a 2-1/ 2 year high against the dollar on Friday as short term money market rates rose on signs that the European Central Bank's balance sheet was contracting at a time when other major central banks were still expanding theirs.

  • MILAN, March 4- Euro zone banks could be forced to disclose any major balance sheet gaps discovered in a health check on the industry before the results are made public in October, the head of the European banking watchdog said on Tuesday.

  • FACTBOX-Foreign banks in Ukraine Monday, 3 Mar 2014 | 8:21 AM ET

    March 3- Civil unrest in Ukraine has put pressure on its banks which could need liquidity and capital support due to falling deposits, a high level of non-performing loans and a depreciating currency.

  • Others, including Britain and the Netherlands, have taken longer. Bankia, Spain's fourth-biggest lender, needed 22.4 billion euros in bail-out funds from Europe and Spain's bank restructuring fund FROB. Britain pumped 66 billion pounds into Royal Bank of Scotland and Lloyds in 2008 and 2009 and provided tens of billions more in liquidity support to the sector.

  • PARIS, Feb 12- Societe Generale is to return more cash to shareholders in 2014 than last year after completing a long-running overhaul of its balance sheet.

  • PARIS, Feb 12- French bank Societe Generale said on Wednesday it would return more cash to shareholders in 2014, after a swing to a fourth-quarter profit capped a long-running push to boost the strength of its balance sheet.

  • IRISH FINMIN WOULD PREFER PERMANENT TSB TO HAVE A BIGGER BALANCE SHEET TO HELP PROVIDE CREDIT TO ECONOMY.

  • NEW YORK, Feb 10- Aeropostale Inc is considering raising capital from private equity firms as the struggling teen retailer evaluates various ways to shore up both its balance sheet and its share price, four people familiar with the matter said on Monday.

  • BEIJING, Feb 8- China's central bank urged commercial banks to properly manage liquidity while reiterating its promise to keep monetary policy stable and to clamp down on risky lending, noting that the world's second-largest economy has yet to find a stable base for growth. Debt is shaping up as a major risk to China's economy.

  • Jan 30- Ben Bernanke did not hesitate when asked whether he was confident that his signature response to the Great Recession would work. "Well, the problem with QE is that it works in practice but it doesn't work in theory," the head of the U.S. They have already led to a quadrupling of the Fed's balance sheet to $4 trillion.

  • Deutsche Bank Unveils Forecast-Beating Earnings Tuesday, 30 Apr 2013 | 12:45 AM ET
    Deutsche Bank, Frankfurt

    Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.

  • The stock market is bolstered by the strength of corporate balance sheets, said Cantor Fitzgerald CEO Shawn Matthews Tuesday on "Squawk on the Street."

  • Kraft Warns on Fourth Quarter, but Raises Outlook Friday, 15 Feb 2013 | 8:00 AM ET

    Kraft Foods Group said fourth-quarter revenue likely declined about 11 percent from a year earlier due to reductions in trade inventories, but raised its forecast for 2013.

  • Could Europe's Banks Ignite Another Crisis?     Friday, 1 Feb 2013 | 2:30 AM ET

    Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.