GO
Loading...

Banks

More

  • *RBI to leave both key rates on hold at April 7 meeting. BENGALURU, April 1- The Reserve Bank of India will most likely leave its benchmark interest rate unchanged at 7.50 percent at next week's policy meeting, but reduce it by 25 basis points by the end of June, a Reuters poll found. Only nine of the 40 economists surveyed this week expect the RBI to cut the repo rate at the...

  • *BOJ can buy more assets or scrap 0.1 pct floor on rates-Yamamoto. TOKYO, April 1- The Bank of Japan must ease monetary policy further at its rate review on April 30 given signs of slowdown in the economy and prices, a ruling party lawmaker and one of the architects of premier Shinzo Abe's "Abenomics" reflationary policies said. The central bank has various tools...

  • HONG KONG, April 1- China's yuan firmed against the dollar on Wednesday, helped by better-than-expected factory sector activity, even though the central bank set a weaker midpoint for the currency for the fourth consecutive day. The final HSBC/ Market China Manufacturing PMI came in at 49.6, also slightly higher than a preliminary "flash" reading of 49.2 but still...

  • PRECIOUS-Gold edges up after March drop as dollar slips Tuesday, 31 Mar 2015 | 11:10 PM ET

    *Gold snaps 3- day fall, lost 2.4 pct in March. SINGAPORE, April 1- Gold kicked off April by climbing on Wednesday as the dollar retreated, but expectations the Federal Reserve is on course to lift interest rates this year capped bullion's gains. "There's some short-term support around $1,180, but I still believe the price will continue to go down given pressure from...

  • SINGAPORE, April 1- Gold steadied on Wednesday after falling for a second straight month in March as renewed bets that the Federal Reserve is on course to lift interest rates this year burnished the dollar's appeal. *Spot gold was little changed at $1,184.16 an ounce by 0011 GMT, after ending March with a loss of 2.4 percent. *The world's largest gold-backed...

  • DIARY- Top Economic Events to April 15 Tuesday, 31 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve Bank of San Francisco President John Williams moderates "Policy Session 3: Financial Stability: How Essential Should Financial Stability Be to Central Banks?" before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 1230 GMT. STONE MOUNTAIN, United States- Federal Reserve Bank of...

  • India's state banks are under pressure to improve profitability and slash bad loans, creating a more agile sector to help fuel economic growth. India's state banks hire largely through a nationwide exam system, bringing in entry-level staff who rise through the ranks over years. Bhattacharya, whose bank employs more than 215,000 people, is also working with...

  • NEW YORK, March 31- Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said he would not raise interest rates significantly if he ran the Federal Reserve. Buffett spoke at an automotive industry conference in New York, along with the chairman of the Berkshire Hathaway automotive dealer group, Larry Van Tuyl.

  • *Gold eyes third straight quarterly fall. NEW YORK/ LONDON, March 31- Gold turned lower on Tuesday, pressured by the firm U.S. dollar and weak oil prices, and with expectations that the Federal Reserve will increase interest rates this year pushing bullion toward its second monthly decline. Gold has fallen 3 percent since hitting a three-week high last week above...

  • WASHINGTON— Attorney General Eric Holder is announcing policy changes to the federal government's asset forfeiture program as part of an ongoing review. The policy change would restrict the government's ability to seize bank deposits to cases involving the most illegal banking transactions. Under the new policy, Justice Department officials would not...

  • Ouch! Here's Wall Street's next headache Tuesday, 31 Mar 2015 | 11:33 AM ET
    Trader on the floor of the New York Stock Exchange.

    Banks, looked to as a bright spot for the upcoming earnings season, might not live up to expectations, according to an analysis.

  • Dombret: Not worried about EU bond bubble   Tuesday, 31 Mar 2015 | 11:20 AM ET
    Dombret: Not worried about EU bond bubble

    Is there a bubble in the European bond market? Andreas Dombret, member of the executive board of the Bundesbank, weighs in with his thoughts.

  • Bundesbank's view on ECB's QE   Tuesday, 31 Mar 2015 | 11:20 AM ET
    Bundesbank's view on ECB's QE

    Andreas Dombret, member of the executive board of the Bundesbank, weighs in with his thoughts on the ECB's QE program, and also comments on Greece's structural reforms.

  • TOKYO, April 1- A global regulatory review on how to measure default risks on loans and other assets could have a negative impact on bank operations, potentially curbing lending, the new head of Japan's banking industry body said. Proposed changes in how to allocate risk weightings and other risk calculations "could put considerable constraints on financial...

  • *Gold eyes first quarterly rise in three. LONDON, March 31- Gold rebounded on Tuesday as global share markets dropped, but bullion was still heading for its second monthly fall, pressured by a strong dollar and expectations the U.S. Gold has fallen 2.5 percent since hitting a three-week high above $1,200 an ounce last week after Federal Reserve Chair Janet Yellen...

  • Is it time for ‘shadow bank’ stress tests? Tuesday, 31 Mar 2015 | 10:33 AM ET
    Man counting money

    A leading member of Germany’s Bundesbank has backed U.S. calls for unregulated “shadow banking” to be subjected to stress-testing.

  • RICHMOND, Va., March 31- The Federal Reserve will have a "strong" case to hike interest rates in June, a hawkish U.S. central bank official said on Tuesday, dismissing recently weak economic data as transitory and perhaps due to unseasonable weather. Richmond Fed President Jeffrey Lacker, who has long called for a prompt tightening of monetary policy, said consumer...

  • WASHINGTON/ ZURICH, March 31- Swiss bank BSI has become the first of what is expected to be several dozen Switzerland- based private banks to reach a deal under a voluntary disclosure programme for tax-related offenses being run by the U.S. Department of Justice. Under a non-prosecution agreement signed on Monday, Lugano-based BSI will pay a $211 million penalty...

  • BEIJING, March 31- China will introduce a scheme to insure bank deposits from May 1, the government said on Tuesday, ushering in a reform seen as vital for freeing up a highly-protected banking sector. The scheme, which has been talked about in China for around 20 years but gained urgency last year, comes at a time of increased financial stress, as a slowing economy...

  • SHANGHAI/ HONG KONG, March 31- As stock market investors cheer China's latest bid to boost an ailing housing sector, bankers are gritting their teeth over the risks they face in further relaxing rules on lending to home buyers. The hope is that by making it easier for buyers to get mortgages, China can revive the housing market, which accounts for 15 percent of its...

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.