TOKYO, April 21- Japanese shares climbed to a two-week high on Monday morning, led by gains in nonbank lenders on a media report the government is considering easing rules in the industry, though trading activity was thin due to the Easter.» Read More
This is good news for American banks and borrowers, says Gov. Frank Keating, American Bankers Association president & CEO, sharing his thoughts on the results of the Fed's "stress test" on banks.
David Rubenstein, The Carlyle Group, shares his thoughts on investing in new technology and explains why his firm does not engage in venture capital projects.
I think three percent growth is not unrealistic this year, says David Rubenstein, The Carlyle Group, sharing his outlook on the U.S. economy and where he is seeing the best investment opportunities.
BEIJING, March 21- Business confidence in China cooled in the first quarter compared to the same time last year, a central bank survey showed on Friday, another indication that the Chinese economy is faltering. The survey also showed a growing number of Chinese banks are feeling the drag from China's slowing economy.
NEW YORK, March 21- If there has been a grand-slam home run among investment products in recent years, it is the target-date retirement fund. Their popularity has proved eye-popping since they came into vogue, especially since 2006 when they were approved by Congress as default investment options in 401 plans.
WASHINGTON, March 20- When Janet Yellen said. "I think it was an expression of an honest view... but maybe not as tactful as it should have been," said Millan Mulraine, an analyst at TD Securities. Transparency is a double-edged sword for central bankers, but Yellen, who took the helm at the Fed on Feb. 1, has argued hard for more of it.
Financial stocks have room to double from current levels, Dick Bove said Thursday on CNBC.
The Federal Reserve's most recent stress test shows 29 out of 30 U.S. banks met their stress test capital requirements.
NEW YORK, March 20- Yields on U.S. 2- year Treasuries hovered near their highest in six months on Thursday, a day after Federal Reserve Chair Janet Yellen signaled the central bank might raise U.S. interest rates sooner than expected.
Former House Financial Services Committee Chairman Barney Frank reacts to the Federal Reserve's annual bank stress tests. 29 out of 30 of the participating banks met its requirements.
Discussing the health of financial stocks after 29 out of 30 banks that participated in the Federal Reserve's annual stress test met its requirements, with the "Closing Bell" panel.
Only Zions Bancorporation, a Salt Lake City, Utah- based lender with $56.0 billion in assets, would be left with a regulatory capital ratio beneath the Fed's 5.0 percent minimum under the exercise. M&T Bank Corp 5.9 Bank of America Corp 6.0. Morgan Stanley 6.1 Ally Financial Inc 6.3.
WASHINGTON, March 20- U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of 30 major banks met the minimum hurdle in its annual health check.
CNBC's Kayla Tausche reports 29 out of 30 banks that participated in the Federal Reserve's annual stress test met its requirements.
CNBC's Kayla Tausche reports Discover Financial proposed to increase its next quarterly dividend to $0.24 from $0.20.
CHICAGO, March 20- For active income investors, the next year or so will be a trying time of tough love. On Wednesday, Federal Reserve Chairman Janet Yellen signaled that interest rates may rise as early as next spring, and the market reacted with force, continuing a pullback that began nearly a year ago.
NEW YORK/ LONDON, March 20- Gold prices were little changed on Thursday, helped by bargain hunting after the metal's sharp drop the previous day on comments from Federal Reserve Chair Janet Yellen that suggested U.S. interest rates could rise sooner than expected.
NEW YORK, March 20- The dollar rose to a three-week high against other major currencies on Thursday after Federal Reserve Chair Janet Yellen surprised world markets by signalling that increases in U.S. interest rates were not as far away as most had thought.
Viktor Ozerov, chairman of the Security and Defense Committee of the Federation Council. Vladimir Dzhabarov, first deputy chairman of the International Affairs Committee of the Federation Council, Russia's upper house of parliament. Nikolai Ryzhkov, senator in Russia's Federation Council.
*Pan-European index trims losses after Philadelphia data. It later trimmed losses to trade 0.3 percent lower at 1,301.34 points by 1559 GMT, after the Philadelphia Federal Reserve Bank said its business activity index rose to 9.0 in March from -6.3 in February.
At the China Entrepreneur Club's annual summit, Liu Yonghao, Vice Chairman at China Minsheng Banking and Chairman of New Hope Group describes how traditional lenders are helping small firms get loans.
Two of Japan's largest banks have stepped back from Russia in recent weeks, bankers and executives told the Financial Times.
Kelly King, BB&T chairman and CEO, reacts to the role mortgage lending played in its weak quarterly report. King says the current yield curve reflects a slow economy.