GO
Loading...

Banks

More

  • G-20 watchdog: Libor alternatives by 2016 Tuesday, 22 Jul 2014 | 2:24 PM ET

    The Financial Stability Board said work should also start on Libor alternatives, such as so-called "nearly risk-free reference rates."

  • How hackers find a way to outwit online bank locks Tuesday, 22 Jul 2014 | 12:05 PM ET
    An example of a "phishing" email

    Hackers are using a phishing attack named "Emmental" to bypass banks' two-factor authentication systems. NYT reports.

  • *Godwin Emefiele delivers first MPC decision as governor. ABUJA, July 22- Nigeria's new central bank governor said on Tuesday he favored a gradual reduction in interest rates over the next five years, but inflation risk meant there was no room to ease policy immediately.

  • *No significant likelihood of another bank deal- CEO John Thain. July 22- U.S. small-business lender CIT Group Inc said it would buy California bank OneWest Bank NA for $3.4 billion in cash and stock, a deal that will give CIT a more reliable source of funding.

  • *Governor writes letter to parliament. SOFIA, July 22- Bulgaria's Central Bank Governor Ivan Iskrov told parliament on Tuesday he was ready to step down if it can agree on a successor first.

  • July 22- U.S. small-business lender CIT Group Inc said it would buy regional lender OneWest Bank NA for $3.4 billion in cash and stock, its second deal in two months to boost its middle-market lending operations.

  • CIT Group buying OneWest Bank in $3.4B deal Tuesday, 22 Jul 2014 | 7:20 AM ET

    CIT Group is buying regional bank OneWest Bank in a $3.4 billion cash-and-stock deal.

  • CIT Group buying OneWest Bank in $3.4B deal Tuesday, 22 Jul 2014 | 6:51 AM ET

    NEW YORK— CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal. IMB shareholders will receive $2 billion in cash and 31.3 million CIT Group shares that are currently valued at $1.4 billion. OneWest will merge with CIT Group's banking subsidiary CIT Bank, and all locations will operate under the CIT Bank sign.

  • Barclays' dark pool trading falls after lawsuit Monday, 21 Jul 2014 | 10:15 PM ET

    Barclays' trading activity has slumped after it was accused of misleading its customers and giving an unfair edge to high-speed traders.

  • NEW YORK, July 21- There are many reasons to be optimistic about the recent drop in long-term unemployment, Federal Reserve economists said in a paper published on Monday, the latest evidence helping to put to rest a debate that gripped the U.S. central bank earlier in the year.

  • Dodd-Frank not final chapter on reform: Dodd Monday, 21 Jul 2014 | 5:47 PM ET
    Barney Frank, left, and Christopher Dodd in 2008

    Four years after the Dodd-Frank was signed into law, its co-authors said it was doing its job, but isn't the last chapter on reform.

  • New college grads hit by slow wage growth: Fed study Monday, 21 Jul 2014 | 1:00 PM ET

    SAN FRANCISCO, July 21- New college graduates have seen their wages rise more slowly than the rest of the U.S. workforce since the Great Recession, new research from the San Francisco Federal Reserve Bank shows, a trend that reflects continued weakness in the economy.

  • Big banks: Too big to trust? Monday, 21 Jul 2014 | 11:44 AM ET

    On the four-year anniversary of Dodd-Frank, perhaps there is a lesson big banks can learn from smaller, regional banks, says Dan O'Donnell.

  • NEW YORK, July 21- BNP Paribas SA's $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks.

  • *Gulf banks reducing loan fees, easing terms. *Eager to deploy cash supplies amid high oil prices. DUBAI, July 21- Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending.

  • Trading firms raised concerns about dark pools Monday, 21 Jul 2014 | 6:38 AM ET

    Trading firms raised concerns about traders at Barclays' "dark pool" months before the U.S. accused the bank of favoring its trading clients.

  • J Christopher Flowers warns of banking crisis Monday, 21 Jul 2014 | 2:55 AM ET
    J. Christopher Flowers, chairman and founder of JC Flowers & Co.

    One of the biggest private equity investors in the banking sector has warned that regulation has depressed profitability, the FT reports.

  • Stephen Roach, Senior Fellow at Yale University, explains why he disagrees with Christopher Flowers who warned that increased regulation is making the banking sector vulnerable to another crisis.

  • PANAMA CITY, July 18- Panamanian banking supervisors said on Friday they had taken control of ES Bank SA, a small unit of Portugal's Espirito Santo, which is facing intense scrutiny from investors and regulators over revelations of irregularities at related companies.

  • US regulators close small bank in Georgia Friday, 18 Jul 2014 | 5:44 PM ET

    The Federal Deposit Insurance Corp. said Friday that it has taken over Eastside Commercial Bank, based in Conyers, Georgia. The FDIC says Macon, Georgia- based State Bank and Trust Company will also buy $42.6 million of Eastside Commercial Bank's loans. The failure of Eastside Commercial Bank is expected to cost the deposit insurance fund $33.9 million.

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More