GO
Loading...

Banks

More

  • *MSCI all-world index gains along with U.S. stocks. NEW YORK, May 21- World stock markets and U.S. bond yields rose on Wednesday on views the Federal Reserve could raise interest rates more slowly than expected. The euro declined for a second straight session against the dollar on expectations of further easing from the European Central Bank.

  • *MSCI all-world index gains, U.S. stocks up in early trading. NEW YORK, May 21- World stock markets rose while U.S. bond yields edged higher on Wednesday on views the Federal Reserve could raise interest rates more slowly than expected.

  • *Atlas Mara to raise $400 mln to pursue acquisitions. *Barclays targets Africa potential as it scales back investment bank. This was just five days after Barclays, the British bank where Diamond was chief executive before he was ousted in 2012, announced the dismantling of the investment bank he built up and pinpointed Africa as one of its two main growth engines.

  • LONDON, May 21- European stocks eked out meager gains on Wednesday, while sterling hit a 5 1/ 2- year high on forecast-beating economic data and signs some Bank of England policymakers were leaning towards an interest rate rise.

  • US STOCKS-Futures advance ahead of release of Fed minutes Wednesday, 21 May 2014 | 7:44 AM ET

    *New York Federal Reserve President William Dudley said on Tuesday inflation should "drift upwards" towards the Fed's 2 percent goal, but a swift climb in inflation was unlikely; Philadelphia Fed President Charles Plosser said the $2.5 trillion in reserves accumulated by banks could be the trigger for more rapid inflation.

  • DUBAI, May 21- Pakistan's central bank has given Meezan Bank Ltd approval "in-principle" to purchase the local banking business of HSBC, the sharia-compliant lender said in a bourse filing on Wednesday. HSBC's Pakistan unit has 10 branches and had assets of about $455 million at the end of 2013..

  • Commerzbank suspends two forex traders Wednesday, 21 May 2014 | 5:35 AM ET

    Commerzbank said it had suspended two foreign exchange traders under suspicion of having attempted to manipulate euro/zloty prices in regular trading.

  • Will China really unveil a RRR cut for banks?     Tuesday, 20 May 2014 | 9:15 PM ET

    Mark Tinker, Global Portfolio Manager at AXA Framlington, discusses the chances of a cut in the reserve-requirement-ratio and explains why he's bullish on Chinese structural reforms.

  • Money won't come cheap for China banks' funding spree Tuesday, 20 May 2014 | 8:22 PM ET

    China banks are set to raise $120 billion due to slowing growth and bad debts, but the funds could hurt earnings as investors demand a premium.

  • Federal Reserve cleared a key procedural hurdle in the Senate on Tuesday, virtually assuring that the noted economist will join the central bank's board within days. The Senate agreed 62-35 to limit debate on the nomination, allowing for a final vote just after midday on Wednesday. Fischer is widely expected to win Senate approval.

  • SHANGHAI/ HONG KONG, May 21- Chinese banks are poised to raise a record $120 billion in the next two years to shore up their balance sheets in the face of slowing growth and rising bad debts, but the funds could prove expensive and hurt earnings as investors demand a premium.

  • NEW YORK, May 20- U.S. The Fed likely will be "relatively slow" in hiking interest rates, New York Federal Reserve President William Dudley said at a New York event. "was very dovish," said Priya Misra, head of U.S. rates strategy at Bank of America Merrill Lynch in New York.

  • NEW YORK, May 20- The Federal Reserve should be able to raise interest rates slowly when it eventually tightens monetary policy given that slack in the U.S. economy is restraining inflation, a top official at the central bank said on Tuesday.

  • *Credit Suisse will not hand over client data to U.S. WASHINGTON/ NEW YORK/ ZURICH, May 20- Credit Suisse saw little immediate impact on Tuesday after it became the largest bank in decades to plead guilty to a U.S. criminal charge and will pay more than $2.5 billion in penalties for helping Americans evade taxes.

  • LONDON, May 20- Low levels of volatility in financial markets are "eerily reminiscent" of the run-up to the financial crisis, even as central banks face the challenge of unwinding their huge stimulus programmes, a Bank of England policymaker said.

  • JPMorgan shareholders back directors, exec pay Tuesday, 20 May 2014 | 1:33 PM ET

    JPMorgan Chase shareholders voted overwhelmingly to elect all of the company's directors and also endorsed its compensation to executives in 2013.

  • Credit Suisse has agreed to pay a $2.5 billion fine to U.S. authorities for helping Americans evade taxes. The "Squawk on the Street" news team discuss the bank's guilty plea.

  • Corzine's ambition led to MF Global demise: Flowers Tuesday, 20 May 2014 | 10:03 AM ET
    Jon Corzine testifies at a Capitol Hill hearing on Dec. 15, 2011.

    Jon Corzine's ambition exceeded what the now-defunct MF Global brokerage could handle, private equity titan J. Christopher Flowers tells CNBC. But Flowers still considers Corzine a friend.

  • FRANKFURT, May 20- The European Central Bank is looking into spacing out its policy meetings to give itself more time to assess economic developments before deciding on its policy stance, several sources told Reuters.

  • Best global opportunities: Flowers     Tuesday, 20 May 2014 | 7:15 AM ET

    The place where we see the most trouble and the most opportunity to put new money to work is the euro zone, says J. Christopher Flowers, JC Flowers & Co. founder, talking with CNBC's Michelle Caruso-Cabrera about his investment strategies.

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More