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  • Banks brace for U.S. Fed capital buffers inspection Thursday, 5 Mar 2015 | 12:00 AM ET

    WASHINGTON, March 5- The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk. Next week's review takes a look under the hood of the banks- which Wall Street critics say are "too large to manage"- by scrutinizing whether...

  • Why the worst may not be over for StanChart   Wednesday, 4 Mar 2015 | 10:45 PM ET
    Why the worst may not be over for StanChart

    Apart from a downward trajectory in earnings, the troubled British lender also faces asset quality headwinds in many of its key markets, says Matthew Phan, analyst, Asia-Pacific Banks at CreditSights.

  • TOKYO, March 5- Loss-making Japanese electronics firm Sharp Corp meets its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for more drastic overhauls. Sharp Chief Executive Kozo Takahashi will meet officials from Mizuho Bank and Bank of Tokyo-Mitsubishi...

  • StanChart's 2014 results are 'atrocious': Pro   Wednesday, 4 Mar 2015 | 7:38 PM ET
    StanChart's 2014 results are 'atrocious': Pro

    Jim Antos, bank analyst at Mizuho Securities Asia, discusses the 37 percent slump in Standard Chartered's net profit for 2014.

  • DIARY-Top Economic Events to March 18 Wednesday, 4 Mar 2015 | 7:01 PM ET

    TEXAS- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed& Farewell, El Paso" before a community forum hosted by the Federal Reserve Bank of Dallas El Paso Branch- 0000 GMT. SYDNEY- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at the Goldman Sachs 10th Annual Global Macroeconomics Conference- 0130...

  • 5 ways to trade financials as stress results loom Wednesday, 4 Mar 2015 | 6:55 PM ET

    Some CNBC "Fast Money" traders said to stick with recent financial outperformers as Fed stress test results emerge.

  • ANKARA/ ISTANBUL/ NEW YORK, March 4- Turkey's prime minister and his economic team sought on Wednesday to calm the nerves of top investors in New York who hold more than 20 percent of the main Istanbul stock index, after President Tayyip Erdogan's tirades against the central bank helped send the lira to record lows. Erdogan has repeatedly attacked the bank over its...

  • Bank of England mired in money-market fraud probe Wednesday, 4 Mar 2015 | 6:23 PM ET
    The Bank of England

    The Bank of England is embroiled in an investigation over the potential rigging of its money-market auctions, the FT reports.

  • The best news out of StanChart's 2014 results   Wednesday, 4 Mar 2015 | 5:21 PM ET
    The best news out of StanChart's 2014 results

    Erin Davis, senior analyst at Morningstar, explains why Standard Chartered's stock surged in London trade despite reporting a 37 percent fall in net profit for 2014.

  • OTTAWA, March 4- The Bank of Canada held interest rates steady on Wednesday, in line with indications it sent out over the past two weeks, signaling it was satisfied with how markets and the economy have reacted to its surprise rate cut in January. "It suggests steady for now, maybe forever," said Royal Bank of Canada chief economist Craig Wright. Canadian Imperial Bank...

  • KIEV, March 4- A month ago, Natalia Sorokun, 40, went to a downtown Kiev branch of Delta Bank to ask if the bank was solid enough to continue keeping her safe deposit box of valuables there. Now, a day after Ukraine's central bank declared Ukraine's fourth largest bank insolvent, Sorokun and other Delta Bank customers could only knock on the bank's locked door in hope...

  • WASHINGTON/ NEW YORK, March 4- The Federal Reserve struggled with the message being sent by its role in bank bailouts and worried about the impact of a bond-buying program aimed at easing the 2007-2009 financial crisis, according to transcripts released by the U.S. central bank on Wednesday. In a prescient view of future policy, then-San Francisco Fed President...

  • UPDATE 2-Turkey's watchdog seizes Bank Asya stake Wednesday, 4 Mar 2015 | 12:43 PM ET

    ISTANBUL, March 4- Turkish banking regulators on Wednesday seized a small stake in the Islamic lender Bank Asya over an alleged illegal share sale, the latest round in a battle between Ankara and a U.S.-based Muslim cleric. The campaign has added to investor fears that political interventions are damaging Turkey's financial system. The banking watchdog said...

  • OTTAWA, March 4- The Bank of Canada held interest rates steady on Wednesday, in line with signals it sent out over the past two weeks, saying it was satisfied with how markets and the economy reacted to its surprise rate cut in January. The central bank shocked traders by taking the aggressive step of easing its benchmark rate by 25 basis points in January in response...

  • WASHINGTON/ NEW YORK, March 4- The Federal Reserve struggled with the message being sent by its involvement in bank bailouts in 2009 and worried about its implementation of a bond-buying program aimed at easing the financial crisis, according to transcripts released by the U.S. central bank on Wednesday. "Until the reinforcements arrive, I don't think we have...

  • UPDATE 1-Fed's Evans wants no rate hikes until early 2016 Wednesday, 4 Mar 2015 | 11:15 AM ET

    *Evans does not rule out removing' patient' in March. LAKE FOREST, Ill., March 4- The Federal Reserve should wait until next year before raising interest rates or risk undermining the very recovery it has helped engineer, a top U.S. central banker said on Wednesday. "Given uncomfortably low inflation and an uncertain global environment, there are few benefits and...

  • *Higher fund flows coming from eastern Europe to Dubai. Swiss-based but Abu Dhabi- owned Falcon would be open to deals covering its core target markets of the Gulf, Eastern Europe, Africa and South East Asia, according to Erich Pfister, who took up the role in January. The last major acquisition by Falcon, which manages around 16 billion francs of assets, was the...

  • Federal Reserve took a swipe on Tuesday at unlawful and unethical behavior at banks, saying it raises questions over whether the values embedded on Wall Street have improved enough in recent years. While other Fed officials and bank regulators have complained about the ethics and culture on Wall Street, the stern comments from the country's top financial...

  • LONDON, March 4- Standard Chartered has no plans to tap shareholders for cash, it said on Wednesday, despite reporting a 25 percent drop in profits last year on the back of soaring bad loans. The Asia- focused bank said it would not take "knee-jerk actions" and vowed instead to cut costs and shrink its loan book in an effort to quell concerns about its capital strength,...

  • Yellen lashes out at banks, Wall Street values   Wednesday, 4 Mar 2015 | 7:04 AM ET
    Yellen lashes out at banks, Wall Street values

    In a speech in New York City, Fed Chair Janet Yellen remarked on "pervasive shortcomings in the values of large financial firms that might undermine their safety and soundness," reports CNBC's Steve Liesman with the details.

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