This is a good time to look outside of the U.S. for investment opportunities, says Russ Koesterich, BlackRock, sharing his investment strategies on where to invest in 2014. All emerging markets are not equal, Koesterich warns.» Read More
Barclays has suspended six traders in connection with foreign exchange trading, sources with knowledge of the situation told CNBC.
Elke Koenig, president of BaFin, says that the banking union and single supervisor will bring trust back into the European banking system.
Elke Koenig, president of BaFin, says that the German coalition needs to be workable as politicians negotiate to form a government.
The Royal Bank of Scotland has avoided being split in two and will instead hive off some $61 billion in toxic assets into an internal "bad" bank.
Elke Koenig, president of BaFin, says that German banks will not have any problems when they undergo the European Central Bank's asset quality review.
SHANGHAI, Nov 1- China's money rates trended lower this week after roller-coaster trading, driven by cash demand for corporate tax payments coming due, and the need for banks to meet regulatory requirements such as loan-to-deposit ratios.
Mike Ingram, Market Analyst at BGC Brokers breaks down the options that the Royal Bank of Scotland faces.
*HK indexes set for best weekly gain in six, outshining China. HONG KONG, Nov 1- Hong Kong and China shares were tepid in morning trade on Friday, with the Chinese banking sector mildly buoyed by a pair of surveys showing solid manufacturing activity in the world's second-largest economy.
Nov 1- Sandra Pianalto, a quietly ardent supporter of Federal Reserve Chairman Ben Bernanke, turned some heads this month when she came out against the central bank's recent decision to keep pumping so much money into the U.S. economy.
SAO PAULO, Nov 1- For Chinese investors, Brazil is no longer the promised land. Operating in Brazil is a huge challenge, "said Zhang Dongxiang, chief executive of the Brazilian unit of Bank of China Ltd, one of China's four largest state-owned commercial banks.
Erwin Sanft, Managing Director and Head of China & HK Equity Research at Standard Chartered talks about China's policy reforms.
Budi Gunadi Sadikin, CEO of Bank Mandiri, Indonesia's biggest bank by assets, describes the bank's success in the first nine months of 2013.
Macquarie Group booked a 39 percent increase in first-half net profit on Friday, underpinned by a strong performance from its funds business.
SAO PAULO, Oct 31- Brazilian mid-sized lender Banco Industrial e Comercial SA said on Thursday it will sell 72 percent of its capital to China Construction Bank for 1.62 billion reais which could lead to a delisting of the Brazilian bank. The Sao Paulo- based bank, which specializes in corporate credit, is being advised by Citigroup Inc..
Fannie Mae sued nine banks accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages.
WASHINGTON, Oct 31- A senior Republican on the Senate Banking Committee said on Thursday he would oppose efforts to block the nomination of Janet Yellen as Federal Reserve chairwoman with a filibuster unless some disturbing disclosure emerged.
NEW YORK, Oct 31- The euro fell the most against the U.S. dollar in six months on Thursday while the greenback rose against major currencies on expectations of diverging policy paths by the U.S. and European central banks. Wall Street stocks fell alongside U.S.
CNBC's Maria Bartiromo shares her observation on the attention and energy President Obama and the Congress have been forced to expend on the Obamacare rollout.
NEW YORK, Oct 31- Fannie Mae sued nine of the world's largest banks on Thursday, accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages.
NEW YORK, Oct 31- U.S. mortgage finance company Fannie Mae sued nine of the world's largest banks on Thursday, accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages.