A deal on extending Greece's bailout deal must be found by the end of February or the ECB will not be able to continue lending to its banks, ECB council member Erkki Liikanen said.» Read More
MELBOURNE, Jan 19- London copper jumped on Monday before paring gains as traders who scooped up the metal near last week's 5-1/ 2 year lows took profits, with caution over this week's European Central Bank meeting seen keeping a lid on any upward momentum. *The most-traded March copper contract on the Shanghai Futures Exchange was up 0.9 percent at 41,440 yuan a...
Steven Maijoor, Chair, European Securities & Markets Authority, says Europe should shift from being a banking dominated system to one where capital markets play a bigger role.
*Dec home prices fell for 4th month y/y. BEIJING, Jan 18- China's new home prices fell significantly in December for a fourth straight month even as. If the GDP data proves worse than expected, some analysts say the People's Bank of China could cut interest rates further or lower reserve requirement ratios for all banks.
The Swiss National Bank had little choice but to abandon its cap on the franc, but its execution of the move left a vacuum of policy uncertainty.
London and Wall Street bankers look set to get slightly lower bonuses for 2014, based on pay details released this week by big U.S. banks.
ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks and speaks on " Federal Reserve Bank of Atlanta's CED Programs and Financial Literacy Programs" before the HOPE Global Forum- 1350 GMT. DUBLIN- The Central Bank of Ireland, Center for Economic Policy Research and International Monetary Fund are organizing a...
While companies went bust and teetered on the brink of insolvency by the Swiss franc shock, Gain Capital was only shocked that it took so long.
ZURICH, Jan 16- The Swiss National Bank had little choice but to abandon its three-year-old cap on the franc but its execution of the move left a vacuum of policy uncertainty where a pillar of stability stood before. With the euro diving against the dollar as the European Central Bank gears up for fresh stimulus as early as next week, the SNB felt the 1.20- francs-...
SAN FRANCISCO, Jan 16- The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum and a falling unemployment rate. "There is no need to rush to raise rates; at the same time we want to make sure that we appropriately act in a way that we don't get behind the curve," San...
Banks are the real disappointment of the fourth quarter earnings season. Insight to the struggles for financial names, with Nick Raich, The Earnings Scout CEO, and Chris Whalen, Kroll Bond Rating Agency.
Mark Luschini, Janney Montgomery Scott, discusses what fourth quarter earnings means for bank investors.
CNBC's Mary Thompson digs into the challenges that hurt fourth quarter bank earnings .
GREEK BOND YIELD SURGE, BANK DEPOSITS OUTFLOW MAKE EURO ZONE PONDER NEED FOR 3 RD BAILOUT RATHER THAN CREDIT LINE- OFFICIALS.
SAN FRANCISCO, Jan 16- The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum despite weakness abroad. "I think that sometime around the middle of the year we are going to be closer to a decision, at least I would think we would be closer to it being an appropriate...
Michael Santoli, Yahoo! Finance senior columnist, shares his thoughts on whether now is the time to buy, sell or hold the big banks.
Traders Jim Lebenthal and Steve Weiss debate their positions on the financials.
ZURICH, Jan 16- The Swiss National Bank had little choice but to abandon its three-year-old cap on the franc but its execution of the move was clumsy, and left a vacuum of policy uncertainty where a pillar of stability stood before. With the euro diving against the dollar as the European Central Bank gears up for fresh stimulus as early as next week, the SNB felt the...
With Greek lenders asking for emergency cash, Kian Abouhossein, banking analyst at JPMorgan says that the outflows are "significantly lower" than during the Greek Crisis.
The FX industry was "tested" yesterday after the tsunami decision from the Swiss National Bank. Philippe Ghanem, executive MD and founder at ADS Securities says that he expects to see more "difficult announcements" from FX brokers, including insolvencies and big losses.
With Thursday's decision from the Swiss National bank, Kian Abouhossein, banking analyst at JPMorgan, discusses which banks are currently the most vulnerable to the huge moves in the Swiss franc.
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