GO
Loading...

Banks

More

  • Nasdaq eyes running 'dark pools' for banks: Report Monday, 12 Jan 2015 | 6:14 AM ET

    Nasdaq has approached several big banks with a proposal to take over the operation of their so-called "dark pools."

  • FRANKFURT, Jan 12- Deutsche Bank AG will provide details of a new strategy plan to investors in the second quarter of 2015, senior management told bank staff in an internal memo on Monday. "The management board is working diligently on the next phase of our strategy, and we will update our stakeholders at an investor& media day and global employee town hall in the...

  • Why big banks may be vulnerable to oil price drop Monday, 12 Jan 2015 | 5:43 AM ET
    Pedestrians pass in front of a Wells Fargo & Co. bank branch in New York

    Why banks that have exuberantly extended credit to oil companies may feel the pinch of tanking oil.

  • MOSCOW, Jan 12- The Russian central bank's net currency interventions in 2014 amounted to $76.13 billion and 5.41 billion euros, Interfax news agency reported on Monday, citing central bank data. Interventions in the month of December amounted to $11.9 billion. The bank intervened heavily last year as the rouble slumped because of international tensions over...

  • SHANGHAI, Jan 12- New rules changing how Chinese banks measure their savings base have more to do with squeezing shadow banking than monetary easing, and will inject far less cash into the system than many believe, Chinese money traders say. Zhu Haibin, economist at J.P. Morgan, wrote on Friday that as banks temporarily do not need to set aside reserves on the...

  • Judge Victor Marrero of U.S. District Court in Manhattan wrote in an opinion that granting Stefan Buck a hearing in his absence while he remained in Switzerland would encourage others to flee prosecution. Buck, who was head of private banking at Zurich- based Bank Frey& Co, asked for a bail hearing in November in an unusual court filing through his New York lawyer.

  • NEW YORK, Jan 9- Many economists at Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June, even as the markets have been spooked by a five-year low in crude oil prices and wage growth remains weak. The survey shows that Wall Street's top economists remain unmoved by ongoing weakness in wage growth and multi-year lows...

  • RICHMOND, Va., Jan 9- A top Federal Reserve official on Friday said the drop in oil prices and a strong U.S. dollar were not impacting his view that inflation expectations would rise toward the central bank's 2 percent target. Richmond Fed President Jeffrey Lacker, speaking to reporters here after appearing at a conference, said consumer views on prices were more...

  • RICHMOND, Va., Jan 9- The likelihood of a sustained pickup in U.S. economic growth has increased, a top Federal Reserve official said on Friday, citing an acceleration in household spending and improved prospects for the labor market. "Some recent developments that were largely absent during previous spurts have improved the likelihood that the recent pickup in...

  • Jan 9- Slow wage growth and low inflation are prompting two top U.S. "If the is to err on the side of being a little late as viewed by history writers or maybe a little early, I prefer to take the risk of being a little bit late," Atlanta Fed President Dennis Lockhart told Bloomberg News in an interview on Friday. Chicago Federal Reserve Bank President Charles Evans,...

  • WASHINGTON, Jan 9- The regional Federal Reserve banks turned over a record $98.7 billion in profits to the U.S. Treasury in 2014, essentially recycling the earnings the central bank gets from the $4 trillion in securities it accumulated through three rounds of quantitative easing. The figure tops the $79.6 billion that the Fed's 12 regional banks paid back to...

  • *Possible QE volume of 500 bln euros mentioned- sources. FRANKFURT, Jan 9- The European Central Bank is considering a hybrid approach to government bond purchases which would combine the ECB buying debt with risk sharing across the euro zone and, in a nod to German qualms, separate purchases by national central banks. But Paul de Grauwe, an economist with the London...

  • LONDON, Jan 9- The euro wallowed near a nine-year low on Friday, as speculation grew that the European Central Bank will embark on quantitative easing soon and U.S. jobs data will be good enough to cement the case for a rate hike by the Federal Reserve. ECB President Mario Draghi said on Thursday the bank's Governing Council stands ready to take unconventional...

  • European banks 'stressed'. Would you buy?  Friday, 9 Jan 2015 | 3:30 AM ET

    Chris Skinner, CEO of Balatro Ltd, says there is still a lot of stress on the European banking sector.

  • StanChart's decision 'not surprising': Pro  Thursday, 8 Jan 2015 | 10:33 PM ET

    Lachlan Colquhoun, Chief Executive at East and Partners Asia, discusses news that Standard Chartered will dismantle its stock broking, equity research and equity listing desks globally.

  • WASHINGTON, Jan 8- The New York Federal Reserve Bank sharply criticized an internal probe carried out by the Fed's inspector general on the handling of J.P. Morgan's "London Whale" case, according to a full version of the probe released on Thursday. The New York Fed said the inspector general was wrong to criticize examiners for failing to prioritize exams of J.P....

  • Jan 8- The Federal Reserve should leave short-term borrowing costs near zero for a seventh year in a row, a top Fed official urged on Thursday, citing sliding U.S. inflation and still-high unemployment. The Fed "can best achieve its macroeconomic objectives by not raising the fed funds rate target this year," Minneapolis Fed President Narayana Kocherlakota said...

  • TOKYO, Jan 9- The euro wallowed near a nine-year low on Friday on growing expectations the European Central Bank will embark on quantitative easing, while the dollar held firm before U.S. jobs data that could cement the case for a rate hike by the Federal Reserve. "We note that daily close below the 2010 low at $1.1877 has amplified bearish sentiment, with the...

  • WASHINGTON, Jan 8- The New York Federal Reserve Bank offered sharp criticism of an internal probe carried out by the Fed's inspector general on the handling of J.P. Morgan's "London Whale" case, according to a full version of the probe released on Thursday. The New York Fed said the inspector general was "wrong" to criticize examiners for failing to prioritize exams...

  • DIARY- Top Economic Events to Jan 22 Thursday, 8 Jan 2015 | 7:01 PM ET

    MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota participates in a Public Town Hall Forum at the Federal Reserve Bank of Minneapolis- 0100 GMT. RICHMOND, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker discusses the economic outlook at the joint Virginia Bankers Association and Virginia Chamber...

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More