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  • Why Global Banks Are Rushing to Unload US Debt Thursday, 10 Jan 2013 | 5:49 AM ET

    Banks and financial institutions are leading the pack of borrowers that have rushed to the U.S. debt markets at the start of the year. The FT reports.

  • Deutsche Bank Benefited From Libor Trades: Report Thursday, 10 Jan 2013 | 5:19 AM ET

    Germany's Deutsche Bank benefited from trades pegged to the London Interbank Offer Rate (Libor) currently under investigation, the Wall Street Journal reported on Thursday, adding that the bank made at least 500 million euros ($654 million) in profit from the trades in 2008.

  • Best Investment Bets In Japan  Wednesday, 9 Jan 2013 | 6:50 PM ET

    Mikio Kumada, Executive Director & Global Strategist, LGT Capital Partners sees value in Japan equities specially the banks and exporters given the weakness in the yen.

  • Gold Rallies After ECB Decision, Strong Chinese Data Thursday, 10 Jan 2013 | 3:36 PM ET

    Gold prices topped $1,675 an ounce, rising along with the euro after the European Central Bank gave no hints on near-term rate cuts.

  • ECB to Hold Fire as Euro Zone Shows Stabilization Thursday, 10 Jan 2013 | 5:41 AM ET

    The European Central Bank is expected to keep interest rates at a record low of 0.75 percent on Thursday, refraining from a cut as the euro zone economy shows some signs of stabilising and inflation still tops its target.

  • BAC Downgrade an 'Opportunity to Buy': Josh Brown Wednesday, 9 Jan 2013 | 6:51 PM ET

    The decline in Bank of America's share price represents a buying opportunity, Josh Brown of Fusion Analytics says.

  • Earnings Risk to Bank Rally  Wednesday, 9 Jan 2013 | 4:16 PM ET

    All eyes will be on Wells Fargo this Friday, reports CNBC's Kayla Tausche. Jason Goldberg, Barclays, and Anton Schutz, Mendon Capital Advisors, discuss.

  • Robert Benmosche

    It was not in the interest of AIG, its shareholders or the public to sue the U.S. over the terms of its bailout, CEO Robert Benmosche told CNBC on Wednesday.

  • SEC's Khuzami to Leave After Four Years  Wednesday, 9 Jan 2013 | 1:12 PM ET

    The SEC is making it official that enforcement director Robert Khuzami is leaving the agency after 4 years, reports CNBC's Eamon Javers.

  • Bank Earnings in Focus  Wednesday, 9 Jan 2013 | 1:07 PM ET

    Low interest rates and slow capital markets are weighing on bank profits, reports CNBC's Kayla Tausche.

  • The Copper Trade With a Golden Track Record Wednesday, 9 Jan 2013 | 12:49 PM ET

    How many times would you have made money in this copper trade over the past 40 years?

  • 'The Only Warning Sign' in Stocks: Brian Kelly Wednesday, 9 Jan 2013 | 12:53 PM ET

    Amid a stock rally, Shelter Harbor Capital's Brian Kelly sees a potential headwind.

  • Morgan Stanley Plans to Cut 1,600 Jobs: Source Wednesday, 9 Jan 2013 | 10:45 AM ET
    Morgan Stanley headquarters in New York City.

    Morgan Stanley plans to cut 1,600 jobs in its investment banking unit, roughly 6 percent of staff in that unit, with employees being informed about job losses beginning this week, said a person familiar with the matter.

  • Credit Suisse Downgrades Bank of America  Wednesday, 9 Jan 2013 | 10:01 AM ET

    Moshe Orenbuch, Credit Suisse, discusses the challenges facing BofA, and reveals his top bank picks for 2013.

  • Goldman, Morgan to Settle on Foreclosures: Sources Wednesday, 9 Jan 2013 | 8:46 AM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    Goldman Sachs and Morgan Stanley are among a group of banks expected to agree as soon as this week to a $1.5 billion settlement with federal regulators over botched foreclosure claims, two sources told Reuters.

  • How Retail Banks Are Shrinking Wednesday, 9 Jan 2013 | 7:16 AM ET

    Investment banking has been the focus of much of the recent news in the financial universe, with politicians urging banks to refocus on their traditional retail operations.

  • Is it Time to Bank on Financials?  Wednesday, 9 Jan 2013 | 6:20 AM ET

    "The housing market is going to continue to grow and that's going to be a real driver to the success of the banks this year," said Gerard Cassidy, RBC Capital Markets analyst, explaining how economic optimism and more regulatory transparency are fueling the bull market in financial stocks.

  • UBS Says Cleaning Up Its Act After Libor 'Shocker' Wednesday, 9 Jan 2013 | 2:54 AM ET

    UBS has yet to fully purge itself of a global interest rate scandal that has put it at risk of a wave of costly civil suits, its investment banking chief said on Wednesday.

  • Gold Loses Traction to Settle at $1,655 Wednesday, 9 Jan 2013 | 5:04 PM ET

    Gold eased in light trading, giving back some of the previous session's gains, while platinum group metals rallied as improving U.S. auto sales and a better economic outlook triggered fund buying.

  • Is HSBC's Exit From Ping An in Jeopardy? Tuesday, 8 Jan 2013 | 6:20 PM ET
    Peter Ma

    HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.

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