At least 11 banks from six European countries are set to fail a region-wide financial health check this weekend, Spanish news agency Efe reported.» Read More
We can either export our goods or we're going to end up exporting our jobs, says former Gov. Haley Barbour, (R-Miss.), defending the need to retain the Export-Import Bank.
CNBC's Eamon Javers reports the House is holding a hearing on Wednesday to determine whether to re-authorize the Ex-Im Bank amid kickback allegations.
BEIJING, June 25- More Chinese bankers believe the economy is cooling in the second quarter than earlier in the year and demand for loans has weakened, according to a central bank survey published on Wednesday. Business confidence in China cooled in the second quarter compared with the first quarter, according to the People's Bank of China.
BEIJING, June 25- More Chinese bankers believe the economy is cooling in the second quarter than earlier in the year and demand for loans has weakened, according to a central bank survey published on Wednesday.
HONG KONG, June 25- The index of Chinese companies listed in Hong Kong edged down to a one-month closing low on Wednesday, weighed down by China banks and insurers, while the benchmark index remained tepid. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong shed 0.7 percent at 10180.05 points, its lowest since May 27.
Cyrus Daruwala, Managing Director at Asia Pacific IDC Financial Insights, says Singaporean lenders are faced with a "mammoth task" to meet new liquidity rules by January 2015.
David Marshall, Senior Analyst at CreditSights, discusses comments from Industrial and Commercial Bank of China's chairman that shadow banking supports economic activity.
New York Fed President William Dudley warned Puerto Rico about its growing debt load.
Federal Reserve can reasonably wait to raise interest rates until mid-2015 without risking an undesirable rise in inflation, an influential Fed policymaker said on Tuesday.
The Export Import Bank is in the headlines this week, partly due to a debate over the government's role in singling out companies for loans.
CNBC's Bob Pisani reports on the decline in Dubai's main stock market.
An elite group of former financial pros are behind a major new study on the economic ramifications of climate change.
Goldman Sachs compiled a model predicting World Cup results, and so far its results have been less than stellar. The WSJ reports.
At their request, Citi, HSBC, RBS and Santander will get another six months to submit new capital plans with an extended deadline from the Fed.
The U.S. Export-Import Bank has suspended or removed four officials amid allegations of improper gifts and kickbacks. CNBC's Eamon Javers explains exactly how the Ex-Im Bank works.
*BoE's Carney emphasises slack in economy, despite upturn. LONDON, June 24- Bank of England Governor Mark Carney pushed back slightly on Tuesday against expectations that the bank will raise interest rates before the end of the year, saying Britain's economy still has plenty of slack to work through.
WASHINGTON, June 24- The U.S. economy is approaching the Fed's economic targets faster than expected and might push the central bank to accelerate plans to increase interest rates, Philadelphia Federal Reserve Bank President Charles Plosser said on Tuesday.
Kevin McCarthy seems eager to make his bones with the hard right by killing the Export-Import Bank of the United States.
NEW YORK- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook and monetary policy before the Economic Club of New York- 1205 GMT.
Scotland could become a financial hub to rival Frankfurt and also double its wealth over the next 25 years, a new report claimed.
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