GO
Loading...

Enter multiple symbols separated by commas

Banks

More

  • Which banks will underperform?   Monday, 13 Apr 2015 | 10:37 AM ET
    Which banks will underperform?

    David Konrad, Macquarie head of U.S. banking research, provides his outlook on which banks will do well and which face hurdles, ahead of Q1 earnings.

  • *Australian dollar hit by shock fall in China exports. Federal Reserve will hike interest rates in the coming months, while the yen edged higher on uncertainty surrounding the Bank of Japan's easing policies. The dollar's strength against the euro was a "spillover" from last week's commentary from the Fed, said Alan Ruskin, global head of currency strategy at...

  • LONDON, April 13- Gold dropped for a fourth session in five on Monday, as the dollar firmed after fresh comment from Federal Reserve officials that the central bank could look at raising U.S. interest rates soon. "The fact that we are stuck at around $1,200 an ounce is to do with what U.S. interest rates are doing... it's just a matter of time until former lows around $1,140...

  • *Wrangling with Athens casts cloud over euro zone rebound. FRANKFURT, April 13- European Central Bank policymakers gathering on Wednesday will examine possible further emergency funding for Greece's banks as they take stock of a wider economic picture showing early signs of improvement. Athens has until the middle of this week to improve a package of reforms...

  • SINGAPORE, April 13- Gold dropped for a fourth session in five on Monday as the dollar firmed, backed by expectations the Federal Reserve may be on course to raise U.S. interest rates soon. Spot gold was off 0.3 percent at $1,204.16 an ounce by 0645 GMT. The timing of the first U.S. rate hike in nearly a decade remains the "key wildcard" for gold, said Barnabas Gan, analyst at...

  • *Risks of moving too soon and too late seen as more balanced. SAN FRANCISCO, April 13- As the U.S. job market improves, the risk is receding that an unexpected setback could derail the recovery once the Federal Reserve raises interest rates, San Francisco Fed President John Williams told Reuters. "As we go through time, that probability of saying' well, the shocks are...

  • SINGAPORE, April 13- The World Bank cut its 2015 growth forecasts for developing East Asia and China, and warned of "significant" risks from global uncertainties including the potential impact from a strengthening dollar and higher U.S. interest rates. The Washington- based lender expects the developing East Asia and Pacific region, which includes China, to grow...

  • MILAN, April 10- Italian bank Monte dei Paschi di Siena said on Friday it had overstepped regulatory limits with regards to its financial exposure to Japanese bank Nomura, in a surprise disclosure that could raise questions about whether the Italian lender's plans to raise capital and seek a buyer are on track. Monte dei Paschi di Siena, Italy's third largest...

  • TORONTO, April 10- Technology companies pose a competitive threat to established lenders, the head of Royal Bank of Canada said on Friday, adding he was keen to work with start-ups to improve the company's mobile offerings. RBC Chief Executive David McKay said he was positioning Canada's largest bank to compete with technology firms that have expanded into the...

  • LONDON, April 10- Yields on top-rated euro zone bonds fell towards record lows on Friday on central bank buying and after data suggested there was enough downward pressure on U.S. inflation to keep the Federal Reserve from raising rates in June. "We've had buying activity this week from the central banks and that has driven bond prices up," said Christop Kutt, head of...

  • OTTAWA, April 10- The Canadian economy unexpectedly added 28,700 jobs last month due to a surge in part-time positions, an increase that reinforced expectations that the central bank will not move to cut interest rates further next week to stimulate growth. "It was a mixed bag overall, which, frankly, given some of the challenges the Canadian economy has faced at...

  • MOSCOW, April 10- The Russian rouble retreated on Friday afternoon, having surged to fresh 2015 highs in the morning, after the central bank said it was increasing the rate at which it lends foreign currency to banks in weekly repo auctions. At 1335 GMT the rouble was 0.4 percent down against the dollar at 52.05 and down 0.3 percent to 55.19 against the euro.

  • Uzbekistan's central bank cuts its refinancing rate to 9 percent from 10 percent. The Swiss National Bank stuns markets by scrapping its three-year-old cap on the franc's value against the euro, leading to a surge in the currency. The Reserve Bank of India unexpectedly lowers its policy rate for the second time this year, backing the 10- month-old government of...

  • TOKYO, April 10-- The Bank of Japan should not expand government debt purchases under its quantitative easing programme because the central bank already monopolises the debt market and its balance sheet is extremely large, the chairman of Nippon Life Insurance Co. said. It is also unwise to assume that Japanese yields will not spike simply because domestic...

  • Grand National: Banking on horse racing   Friday, 10 Apr 2015 | 4:30 AM ET
    Grand National: Banking on horse racing

    Ahead of the Grand National this weekend, CNBC talks to Adrian McGlynn, company secretary at Weatherbys Bank, talks about how his banking business is involved in the sport.

  • China's yuan falls again, reaching a 2-week low Friday, 10 Apr 2015 | 12:58 AM ET

    SHANGHAI, April 10- China's yuan, extending a three day slide, fell to a two-week low against the dollar on Friday after the central bank fixed the official midpoint lower than the previous day's setting. The People's Bank of China set the midpoint rate at 6.137 per dollar prior to market open, weaker than Thursday's fix at 6.1338. "Dollar demand outweighed its sales...

  • DIARY- Top Economic Events to April 21 Thursday, 9 Apr 2015 | 8:01 PM ET

    SARASOTA, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on the economic outlook before an event co-sponsored by the Global Interdependence Center and the Financial Planning Association of the Suncoast- 1245 GMT. BLOOMINGTON, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks...

  • Barney Frank: Dimon's concerns are overblown Thursday, 9 Apr 2015 | 6:36 PM ET
    Barney Frank

    Bankers should let financial regulations play out before decrying their effect on markets, former Rep. Barney Frank said.

  • April 9- First Tennessee Bank, the regional bank for First Horizon National Corp, said it would pay $212.5 million to settle claims of mortgage lending violations related to the business the company sold in 2008.. First Tennessee has reached an agreement with the U.S. Department of Housing and Urban Development and the U.S. Department of Justice to settle claims...

  • April 9- Jamie Dimon wants credit for being smart but also wants you to believe he's living in a banking universe populated with unicorns. The JP Morgan chairman and chief executive in his most recent letter to investors, which was also clearly meant to be read by regulators, complains that the Fed's stress tests "built into every bank's results some of the...

Contact Banks

  • CNBC NEWSLETTERS

    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.