DUBAI, Aug 21- Saudi Arabia's stock market regulator proposed rules for opening the $580 billion market to direct investment by foreign institutions, including a rule capping foreign ownership at 10 percent of the market's value. The Capital Market Authority is expected to issue a final version of the rules after a three-month consultation period.» Read More
London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
BlackRock has taken an $80 million stake in Twitter, a person with knowledge of the deal said. BlackRock will buy shares directly from early Twitter employees seeking to liquidate their stock holdings and options.
Billionaire activist investors Carl Icahn and Bill Ackman are at it again.
Chinese investment banks are carrying out their biggest layoffs and bonus cuts since the financial crisis as they brace for further profit declines, hit by an ongoing drought in initial public offerings in China that started in September.
Even though it is widely viewed to be undervalued Apple shareholders could still be in for more rough times if technical strategists are right.
Loading central banks with more tasks and pressing them to pursue more aggressive monetary policies could risk a round of competitive devaluations, European Central Bank policymaker Jens Weidmann said on Monday, citing pressure on the Bank of Japan.
Goldman bond underwriting business revenues grew 50 percent. JPMorgan's 79 percent. Can they keep this up?
The big returns on high-yield debt won't continue in 2013 as price increases stall, but they should still offer low- to mid-single digit returns, Jeffrey Rosenberg, BlackRock's chief investment strategist for fixed income, told CNBC on Friday.
Mitul Kotecha, Head of Global FX Strategy at Credit Agricole says that despite ongoing discussion on the U.S. debt ceiling, the global economy is slowly improving, and therefore investors can look forward to better prospects this year.
If there were a banker version of sugarplums dancing in one's head, surely an easing of the liquidity coverage ratio would be it.
Spain's largest bank Santander will cut 3,000 jobs following its planned merger with its Banesto subsidiary, Cinco Dias reported on Friday, citing sources from unions and close to the bank.
Investors still stumble around global investment markets without navigational aids. The lack of a strategic direction is one of the three avoidable asset allocation blunders that too many investors will commit in coming years.
Already struggling at home with weak revenues and tough new capital and leverage requirements, investment banks are now also facing a slump in their once most promising business - emerging markets.
Global investors are betting Washington will overcome its budget deadlock despite an apparently serious setback. Republican lawmakers rejected a proposal on Thursday by their leader, House of Representatives Speaker John Boehner, designed to extract concessions from President Barack Obama.
Taimur Baig, Director & Chief Economist, Global Markets Research, Deutsche Bank says Asian policymakers will have problems with global quantitative easing as it will distort asset markets.
Graham Neilson, chief investment strategist at Cairn Capital, tells CNBC that investors should stay long risk but expect very low return outlooks.
China’s economic data is no longer the main driver for financial markets in the Asian region as global economic events take precedence over regional concerns, Chris Tinker, Equity Strategist at Libra Investment told CNBC.
Capital markets activity lagged for much of the third quarter, reports CNBC's Kayla Tausche.
Jim Feltman, Senior MD, Mesirow Financial Consulting says transparency issues remain for U.S.-listed Chinese companies. He adds that Chinese firms still face challenges in complying to American auditing standards.
Before becoming PIMCO CEO and co-CIO, El-Erian held top posts at the International Monetary Fund and the Harvard Management Company. He's also a prolific writer, including as a guest blogger for CNBC.com.