HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.» Read More
*Deutsche Bank's co-CEO and reform leader named a suspect. FRANKFURT, Nov 5- Deutsche Bank's struggle to break with the past and achieve a "cultural transformation" has suffered another setback after co-CEO Juergen Fitschen was implicated in a criminal investigation.
Fabrizio Saccomanni, Italy's minister of economy and finance, says measures are needed to inject liquidity and reduce the euro's strength, and argues that no Italian bank will fail the ECB's stress tests.
Negotiators on a $13 billion agreement between JPMorgan Chase and the Department of Justice are now making progress, The Wall Street Journal reports.
*Sterling gains on strong UK services activity data. NEW YORK, Nov 5- The euro fell against the dollar on Tuesday, hurt by speculation the European Central Bank may signal easier monetary policy or even cut interest rates this week. The pound rallied after stronger-than-expected UK services data.
LONDON/ VIENNA, Nov 5- The European Central Bank has eased the first deadline for lenders to submit data to be used in its review of eurozone banks after some banks said they did not have enough time to meet the demands.
LONDON, Nov 5- European shares touched a fresh five-year high and the euro dipped on Tuesday with speculation mounting that the European Central Bank will signal an easing of monetary conditions at its policy meeting this week.
SINGAPORE, Nov 5- Gold steadied on Tuesday after a six-session losing streak, helped by comments from Federal Reserve officials that suggested the U.S. central bank would maintain its ultra-loose monetary policy for some time yet. Spot gold was steady at $1,314.42 an ounce at 0729 GMT after hitting a session high of $1,317.96 earlier.
MILAN, Nov 5- Italian banks are near saturation point after two years spent frantically buying their own government's bonds, forcing the Treasury to find alternative investors at home and abroad to finance a 2- trillion euro debt.
SYDNEY/ SINGAPORE, Nov 5- The euro eased on Tuesday, stalling near a seven-week low as investors were cautious ahead of the European Central Bank's policy meeting this week, while the Aussie dollar slipped after the nation's central bank talked down the currency.
SINGAPORE, Nov 5- Gold snapped a six-session losing streak on Tuesday, aided by comments from U.S. The Fed said last month that it would stick with its $85 billion monthly bond purchases until the economy improves further and budget issues in Washington are resolved, raising expectations that the tapering would not begin until next year.
SYDNEY, Nov 5- Australia's central bank kept its cash rate steady at a record low of 2.5 percent on Tuesday, a widely expected decision given signs past cuts are feeding through to housing and consumer spending. The Reserve Bank of Australia made the announcement following its monthly policy meeting.
SINGAPORE, Nov 5- London copper edged up on Tuesday on a robust pick up in global manufacturing and after Federal Reserve officials indicated there was no immediate end in sight for the central bank's commodity-friendly stimulus.
TOKYO, Nov 5- Asian shares edged higher while the dollar slipped against a basket of currencies in early trade on Tuesday, after a spate of comments from Federal Reserve officials offered nothing to suggest that a rollback of the massive U.S. stimulus is imminent.
Australia's top four banks have posted another year of record earnings, but that strong run could be at risk, analysts say.
SAN FRANCISCO/ BOSTON, Nov 4- The Federal Reserve should scale back its asset purchases only when the U.S. economy shows clearer signs of improvement and even then it should act slowly, one senior central banker said on Monday, while two others stressed there is no need to rush.
CNBC's Maria Bartiromo shares her observation on capital requirements put out by the Federal Reserve going into 2014.
BOSTON, Nov 4- The Federal Reserve can afford to be patient in deciding when to begin scaling back its bond purchases because there will be little difference to the size of the Fed's balance sheet whether the U.S. central bank starts to taper in December or waits until April, a top Fed official said on Monday.
LONDON, Nov 4- U.S. hedge fund Aurelius Capital Management, which will take a stake in Co-op Bank under a rescue plan for the British mutual lender, is also protagonist in a lengthy and bitter court battle over Argentina's debt default.
The underperformance of this critical sector could indicate trouble for the S&P 500.
CNBC's Tyler Mathisen, Bob Pisani and Dominic Chu discuss the fallout from the SAC Capital settlement and the likelihood U.S. Attorney Bharara will go after individuals.