• WEST PALM BEACH, Fla., April 16- Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday he does not think the U.S. central bank needs to wait until all aspects of labor market slack are absorbed before beginning to raise interest rates. "There are people who have dropped out. I would like to see that absorbed, "Lockhart said following a speech to a...

  • U.S. Stock Market Correction Ahead? Thursday, 16 Apr 2015 | 1:10 PM ET
    A general view of the Federal Reserve Building in Washington

    Market strategist tells us where he sees a market correction.

  • World Bank money funds 'trail of misery': Report Thursday, 16 Apr 2015 | 5:02 PM ET
    People walk past shanty homes at Badia East slums in Lagos.

    The World Bank is failing to protect the poor and vulnerable people affected by the projects it funds says a new report.

  • Wall St placing bets on these presidential horses Thursday, 16 Apr 2015 | 12:35 PM ET
    Lloyd Blankfein, CEO of Goldman Sachs, greets Hillary Clinton during the 2014 Clinton Global Initiative in New York last September.

    Election kingmakers such as Marc Lasry and Bob Mercer are reaching for their wallets again in the race for President.

  • Trading banks: JPM, C, GS & BX   Thursday, 16 Apr 2015 | 12:19 PM ET
    Trading banks: JPM, C, GS & BX

    The FMHR traders reveal their view of the big banks amid earnings.

  • LONDON, April 16- European Union regulators will focus this year on whether banks are complying with the bloc's new cap on bonuses, and doing enough to withstand cyber attacks and prevent misconduct. Several banks have topped up pay with "allowances" to help soften the cap's impact, a step the European Banking Authority has said breaks EU law in many cases.

  • Ex-Fed chair Bernanke joins hedge fund Citadel as advisor Thursday, 16 Apr 2015 | 10:59 AM ET

    BOSTON, April 16- Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday. Last month former Federal Reserve Board governor Jeremy Stein joined BlueMountain as an advisor and Bernanke's...

  • Bernanke to serve a senior adviser at Citadel Thursday, 16 Apr 2015 | 10:16 AM ET

    NEW YORK— Former Federal Reserve Chairman Ben Bernanke will serve as a senior adviser to Citadel, the investment firm said Thursday. Citadel said Bernanke will consult with its teams on developments in monetary policy, financial markets and the global economy. Bernanke was chairman of the Federal Reserve from February 2006 to January 2014.

  • What's ahead for big banks?   Thursday, 16 Apr 2015 | 9:22 AM ET
    What's ahead for big banks?

    Eric Wasserstrom, Guggenheim Partners, breaks down the areas where banks are improving profits, and provides his outlook on financials for the next several quarters.

  • Cit's Q1 earnings beats expectation   Thursday, 16 Apr 2015 | 8:45 AM ET
    Cit's Q1 earnings beats expectation

    The turnaround in big banks is going on as expected, says Gerard Cassidy, RBC Capital Markets, breaking down Citigroup's quarterly results.

  • By Taro Fuse and Ritsuko Ando. TOKYO, April 16- Japan's Sharp Corp clinched a $1.7 billion bailout deal from its banks in return for a promise to cut 5,000 jobs and split off its ailing smartphone display unit, a person familiar with the deal said on Thursday. As part of its second major bailout in three years, Sharp's lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi...

  • Citi's earnings beat is 'the big turnaround story' Thursday, 16 Apr 2015 | 9:39 AM ET
    A man walks by the Citigroup Center in San Francisco.

    Citigroup's earnings beat is "the big turnaround story for the large-cap banks," analyst Gerard Cassidy tells CNBC.

  • Goldman profit gets boost from burst of trading Thursday, 16 Apr 2015 | 7:36 AM ET
    Goldman Sachs signage on the floor of the New York Stock Exchange.

    Goldman Sachs delivered quarterly earnings that topped analysts' expectations on Thursday.

  • US bank earnings to watch   Thursday, 16 Apr 2015 | 5:45 AM ET
    US bank earnings to watch

    Christopher Whalen, senior managing director at Kroll Bond Rating Agency, talks about the banking sector and the possibility of a Fed rate hike.

  • SYDNEY/ DUBAI, April 16- Dubai's drive to develop its Islamic finance sector is fueling growth of sharia-compliant banking but the benefits are unevenly distributed, with some lenders struggling to compete against burgeoning competition. In 2013, Dubai's government announced plans to turn the emirate into a center for an "Islamic economy" with...

  • Searching for yield? Consider European banks   Thursday, 16 Apr 2015 | 2:00 AM ET
    Searching for yield? Consider European banks

    Simon Maughan, head of research at OTAS Technologies, says select European banks are offering attractive yields and dividends that set them apart from their continental peers.

  • TOKYO, April 16- Japan's Sharp Corp and its main banks are set to agree on Thursday to a $1.7 billion rescue and restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said. As part of its second major bailout in three years, Sharp's lenders, Mizuho Bank and Bank of...

  • SHANGHAI, April 16- Nearly five months after the People's Bank of China signalled the start of an easing cycle with its first interest rate cut since 2012, real borrowing rates are finally falling. "Money is cheap again," said Zhang Gang, senior stock analyst at Central Securities in Shanghai, and a senior trader at a big state-owned bank agrees.

  • Did the US overreact to China-led AIIB?   Thursday, 16 Apr 2015 | 12:44 AM ET
    Did the US overreact to China-led AIIB?

    Speculation that China will use the AIIB to undermine U.S. power is unlikely as the development bank isn't part of the financial system, says Fraser Howie, managing director at Newedge Singapore.

  • US reaction on AIIB is a victory for China: Pro   Wednesday, 15 Apr 2015 | 10:39 PM ET
    US reaction on AIIB is a victory for China: Pro

    Michael Pettis, finance professor at Peking University, explains why the reaction from the U.S. over the Asian Infrastructure Investment Bank translates into a victory for China.

Contact Banks


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.