M&A activity looks to pick up. Debt markets should expand. Clients may stop nagging about fees. What's not to like?» Read More
TOKYO, Oct 28- Mizuho Financial Group looks likely to escape serious penalty in a loans-to-mobsters scandal after an outside panel said on Monday that Japan's second-biggest bank by assets did not intentionally cover up the shady lending.
HONG KONG, Oct 28- China's CSI300 share index slipped to a fifth straight loss on Monday as investors took profit on mid-sized lenders, which outperformed last week, while some fear of a possible cash crunch lingered. The People's Bank of China did not inject funds at the last three sessions, even with demand spiking near month's end.
A probe into loans to gangsters by Mizuho Financial Group has found evidence of slapdash management but not of a deliberate cover-up. The FT reports.
Rob Aspin, Head of Equity Investment Strategy at Standard Chartered Bank Wealth Management Group tells CNBC's Cash Flow which sectors he likes in an extended QE environment.
NEW YORK/ WASHINGTON, Oct 28- The U.S. Department of Justice appeared to have struck gold last week with the law it wielded against one of the nation's largest banks over conduct that fueled the financial crisis.
TOKYO, Oct 28- Japanese government bond prices were steady to slightly lower on Monday, staying in narrow ranges as investors awaited U.S. and Japanese central bank meetings this week.
BEIJING, Oct 28- The euro area is out of the danger zone, but to prosper it must restructure its financial sector, foster growth with new business models and avoid protectionism, a top European Central Bank policymaker said.
Nathan Bell, Research Director at Intelligent Investor Funds says the recent highs on the Australian market makes it hard to find value, but this might be a good opportunity in some of the "ugly duckling" stocks.
*CEO Sato expected to keep job, Mizuho Bank chair could quit. TOKYO, Oct 28- Mizuho Financial Group looks likely to escape serious penalty in a loans-to-mobsters scandal after an outside panel said on Monday that Japan's second-biggest bank by assets did not intentionally try to hide the shady lending from investigators.
China Construction Bank reported its slowest third-quarter earnings growth in more than five years as increased loan-loss provisions eroded profits.
*CEO Sato expected to keep job, Mizuho Bank chair could quit.
LONDON, Oct 27- Back in May and June, Federal Reserve Chairman Ben Bernanke played a trick on markets by sketching out a timetable for reducing the central bank's $85 billion- a-month bond buying. The recent government shutdown in Washington and last-gasp deal to raise the federal debt ceiling have simply created too much economic uncertainty.
*Fed to stay the course on $85 bln monthly bond buying. WASHINGTON, Oct 27- Federal Reserve officials are unlikely to make any shift to monetary policy this week as they wait for more evidence of how badly Washington's budget battle has hurt the U.S. economy.
*To make Bahrain banks more competitive regionally. DUBAI, Oct 27- Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the face of regional competition, the central bank governor said.
CNBC's Maria Bartiromo shares her observation on the impact Washington uncertainties will have on Q4.
JPMorgan Chase & Co reached a $4 billion settlement with the regulator of Fannie Mae and Freddie Mac.
"As part of Senate consideration of the Janet Yellen nomination to be chair of the Federal Reserve, I will request a vote on my bipartisan Federal Reserve Transparency Act," Paul said in a statement.
Carl Icahn, having seen David Einhorn's agitation result in Apple issuing a US $17 bn bond in April to pay for part of a US $100 bn shareholder capital return program, said he had increased his stake in the company- and repeated calls for the tech giant to make an additional US $150 bn worth of share buybacks.
LONDON, Oct 25- Following are five big themes likely to dominate thinking of investors and traders in the coming week, scheduled events, and the Reuters stories related to them. *Bank of Japan/New Zealand/Egypt central bank decisions Oct. 31. *India central bank monetary policy review/ Hungary rate decision Oct. 27.
WASHINGTON, Oct 25- Republican Senator Rand Paul plans to put a "hold" on the nomination of Janet Yellen to be chair of the Federal Reserve, CNBC reported on Friday, a move that would force supporters to round up 60 votes in the 100 seat Senate to confirm her. Democrats control the Senate 55-45 and would need only five Republicans to support Yellen.