GO
Loading...

Banks

More

  • Swiss prosecutor raids HSBC office, inquiry opened Wednesday, 18 Feb 2015 | 7:30 AM ET

    Geneva's public prosecutor searched HSBC's lakeside Swiss office after opening a criminal inquiry into allegations of aggravated money laundering.

  • Euro zone 'wouldn't survive a Grexit'   Wednesday, 18 Feb 2015 | 4:10 AM ET
    Euro zone 'wouldn't survive a Grexit'

    Richard Kelly, head of global strategy at TD Securities, says Greece's desire to receive money without conditionality was unacceptable to the euro zone.

  • JAKARTA, Feb 18- They might be late to the party, but central banks in Southeast Asia are joining the global rush of easier policy, as deflationary pressures create room for them to prop up faltering growth without weakening defences against capital outflows. Indonesia surprised markets with a rate cut on Tuesday, and Singapore eased its policy in January.

  • *BOJ maintains view economy recovering moderately. *Governor Kuroda to brief media 0630 GMT. TOKYO, Feb 18- The Bank of Japan maintained its massive asset buying stimulus spree on Wednesday and revised up its view on exports and output, even as data showing only a feeble recovery from recession tempers its optimism.

  • BOJ maintains stimulus, revises up view on output Tuesday, 17 Feb 2015 | 9:54 PM ET

    TOKYO, Feb 18- The Bank of Japan maintained its massive stimulus on Wednesday and revised up its assessment of output, signaling its confidence that the economy is set to recover without additional monetary stimulus. As widely expected, the BOJ decided to maintain its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 80...

  • DIARY-Top Economic Events to March 3 Tuesday, 17 Feb 2015 | 7:01 PM ET

    WASHINGTON- Federal Open Market Committee will release the minutes from its January policy meeting- 1900 GMT. NEW YORK- Federal Reserve Board Governor Jerome Powell gives a lecture, Financial Institutions, Financial Markets and Financial Stability, before the New York University Stern School of Business, Center for Global Economy and Business Lecture event-...

  • Resistance to support for Greek banks: Sources Tuesday, 17 Feb 2015 | 6:40 PM ET
    A woman holds a Greek flag as she takes part in an anti-austerity pro-government demonstration in front of the parliament in Athens February 11, 2015.

    The ECB faces resistance to allowing extra emergency lending for Greek banks, people familiar with the matter said, increasing pressure on Athens.

  • FRANKFURT, Feb 18- The European Central Bank faces resistance from Germany to allowing any extra emergency lending for Greek banks, people familiar with the matter said, increasing pressure on Athens to sign up to an extended aid-for-reform program. After talks between Greece and euro zone creditors broke down acrimoniously on Monday, the ECB's policymaking...

  • WASHINGTON, Feb 17- JPMorgan Chase& Co bears the highest potential hazard to the financial system if it were to fail, a staff study released by a U.S. government research agency showed, providing a first-of-its-kind numerical risk ranking of U.S. banks. Bank of America Corp was third at 3.06 percent, followed by Morgan Stanley and Goldman Sachs Group Inc, the study...

  • Federal Reserve must be prepared to act to preserve market functioning and liquidity if Greece does exit from the euro zone, a Fed official said on Tuesday. Asked by reporters how the U.S. central bank might react, Philadelphia Fed President Charles Plosser declined to discuss any specific plans but said one hypothetical scenario was the prospect of a "huge...

  • PHILADELPHIA, Feb 17- The U.S. Federal Reserve must be prepared to act to preserve market functioning and liquidity if Greece does exit from the euro zone, a Fed official said on Tuesday. Asked by reporters how the U.S. central bank might react, Philadelphia Fed President Charles Plosser declined to discuss any specific plans but said one hypothetical scenario...

  • WASHINGTON, Feb 17- JPMorgan Chase& Co bears the highest potential hazard to the financial system, a study by a U.S. government research agency showed, launching its first ranking of U.S. banks with a numerical risk score. Bank of America Corp was third at 3.06 percent, then followed by Morgan Stanley and Goldman Sachs Group Inc, the study showed.

  • OTTAWA, Feb 17- Canada will have only three or four years to take advantage of its renminbi clearing hub before China liberalizes its capital account and so reduces the competitive advantage the hub creates, a Chinese banker key to the operation said on Tuesday. During Canadian Prime Minister Stephen Harper's visit to China in November, it was announced that a...

  • Hike in 100 mph winds ends in death for trader Tuesday, 17 Feb 2015 | 12:16 PM ET
    A file photo of a hiker on the Presidential Range, White Mountains, New Hampshire.

    A BNP Paribas credit trader died while hiking in extreme cold over the holiday weekend in the mountains of New Hampshire.

  • UK inflation: Don't get 'hung up' on it   Tuesday, 17 Feb 2015 | 11:00 AM ET
    UK inflation: Don't get 'hung up' on it

    Discussing the U.K. inflation data, George Buckley, chief UK economist at Deutsche Bank, says the falling prices in oil, petrol and utility bills is adding downward pressure on inflation.

  • FRANKFURT, Feb 17- The European Central Bank is unlikely to pull the plug on emergency funding for Greek banks this week despite a standoff between Athens and its international lenders, a person familiar with the situation said. Provision of the ELA funding is essential to the survival of Greece's banking sector, and hence to the country's continued membership...

  • Indonesia central bank surprises with rate cut Tuesday, 17 Feb 2015 | 8:19 AM ET
    A man rides a bicycle past residential apartment buildings under construction in Jakarta, Indonesia.

    Indonesia's central bank surprised markets by cutting its benchmark interest rate on Tuesday by 25 basis points.

  • ATHENS, Feb 17- Greece's radical new government, under pressure from euro zone partners to stick with an international bailout, could see billions of euros sitting in its bank rescue fund return to its lenders if a deal fails to materialize by end-February. The Hellenic Financial Stability Fund, seeded with 50 billion euros to recapitalise the country's banks,...

  • DUBAI, Feb 17- Oman's Bank Dhofar is working with National Bank of Abu Dhabi and Standard Chartered as it studies options for raising its reserves including selling a capital-boosting bond, banking sources told Reuters on Tuesday. The sultanate's second-largest lender by assets said last month it was mulling options for raising up to $300 million of capital...

  • MOSCOW, Feb 17- Russia's Rosbank, part of France's Societe Generale Group, plans to cut 10-15 percent of its staff this year, its head said on Tuesday as Russian economic troubles weigh on the banking sector. The bank will cut jobs by reducing its branch network and through a reorganisation of its business structure, Chief Executive Dmitry Olyunin told...

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.