GO
Loading...

Financials

More

  • LONDON/ MILAN, April 9- The European Central Bank has dismissed the latest appeal by the region's biggest lenders for concessions, including easier deadlines, to make rigorous health checks of their industry less logistically onerous, sources told Reuters.

  • That caused colossal losses for banks and tarnished securitisation, which has yet to recover in Europe with Nomura estimating the market now to be 650- 700 billion euros, half its pre-crisis size.

  • JPM's Dimon: These banks lagging the US in recovery Wednesday, 9 Apr 2014 | 7:24 AM ET
    Jamie Dimon, CEO of JPMorgan Chase & Co.

    The U.S. banking industry has almost completely recovered from the global financial crisis, but Europe's banks are lagging, JPM's Jamie Dimon says.

  • Second-in-line to Saudi throne denounces banks -media Wednesday, 9 Apr 2014 | 4:38 AM ET

    DUBAI, April 9- The second-in-line to the Saudi Arabian throne has denounced banks in the kingdom, saying they are contributing too little to society compared to what they take, Saudi media reported on Wednesday.

  • Sanctions trump patriotism for Russian banks in Crimea Wednesday, 9 Apr 2014 | 4:35 AM ET

    With Ukrainian and Western banks closing, Crimea's 2 million people have been forced to deal with a cash economy since Russia annexed the Black Sea peninsula last month- an illustration of the economic obstacles that might lie ahead for a contested region.

  • SHANGHAI, April 9- China shares ended at a new 7- week high on Wednesday, as certain tech stocks outperformed but profit-taking in banking shares weighed on index performance. Industrial Bank Co Ltd slid 0.6 percent, while China Minsheng Banking Corp Ltd and Ping An Bank Co Ltd shed 1.1 percent and 0.8 percent, respectively.

  • TOKYO, April 9- Japanese stocks stumbled 2.1 percent to a three-week low on Wednesday after the Bank of Japan Governor Haruhiko Kuroda raised doubts over whether the central bank will ease its policy stance anytime soon, sending the yen higher.

  • SHANGHAI, April 9- Hong Kong shares extended gains from the previous day on increases in Tencent and casino shares as well as modest rises in mainland banking stocks, sending the Hang Seng Index to its highest intraday level since February. The China Enterprises Index of the top Chinese listings in Hong Kong gained 0.4 percent.

  • NEW YORK, April 8- New York state's top insurance regulator has sent subpoenas to four U.S. insurance companies as part of a probe of potential sanctions violations involving Iran, a person familiar with the matter said on Tuesday.

  • NEW YORK, April 8- A lawsuit has been unsealed accusing OneWest Bank FSB, a lender once known as IndyMac Bancorp Inc, of causing the U.S. government to improperly pay out $206 million under a federal program to help struggling homeowners avoid foreclosure.

  • NEW YORK, April 8- A lawsuit has been unsealed accusing OneWest Bank FSB, a lender once known as IndyMac Bancorp Inc, of causing the U.S. government to improperly pay out $206 million under a federal program to help struggling homeowners avoid foreclosure.

  • Banks must boost capital by $68B under new rules Tuesday, 8 Apr 2014 | 7:23 PM ET
    JPMorgan Chase headquarters in New York.

    The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday.

  • ROCHESTER, Minn./ PHILADELPHIA, April 8- The Federal Reserve needs to be more specific about what economic conditions would prompt it to raise interest rates from current rock-bottom levels, a pair of top Fed officials normally at loggerheads on policy said on Tuesday.

  • Goldman considers draining its dark pool: WSJ Tuesday, 8 Apr 2014 | 6:41 PM ET

    Goldman Sachs Group Inc. is mulling the idea of shutting down its private stock-trading venue, Sigma X, according to the Wall Street Journal.

  • WASHINGTON, April 8- The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday, prompting industry complaints that less-stringent global standards will give overseas competitors an advantage.

  • NEW YORK, April 8- A U.S. judge on Tuesday raised a series of questions about a proposed $1.2 billion insider trading accord with billionaire Steven Cohen's investment firm, formerly known as SAC Capital Advisors, in advance of its sentencing on Thursday.

  • Big banks, big capital     Tuesday, 8 Apr 2014 | 5:53 PM ET

    CNBC's Kayla Tausche reports on stricter requirements for U.S. banks, including a five percent minimum equity against assets.

  • NEW YORK, April 8- Zayo Group LLC is exploring an initial public offering that could value the fiber network company at close to $7 billion, people familiar with the matter said, amid strong investor appetite for telecommunication firms offering more bandwidth.

  • WASHINGTON, April 8- The U.S. Federal Reserve voted on Tuesday to adopt tougher leverage requirements for the eight biggest U.S. banks.

  • US FEDERAL RESERVE JOINS OTHER REGULATORY AGENCIES IN ADOPTING TOUGHER LEVERAGE REQUIREMENTS FOR BIGGEST US BANKS.

Banks

Most Popular Video

Thursday, 17 Apr 2014 | 4:00 PM ET

On this week's "$ave Me," CNBC's Kelli Grant gives tips on how to finally earn enough for that free airline award seat.

Thursday, 17 Apr 2014 | 12:58 PM ET

The FMHR traders reveal their final trades.

Friday, 18 Apr 2014 | 11:00 AM ET

Are economic growth expectations too high? CNBC's Jeff Cox explains.