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Financials

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  • *New rule takes effect in 2019. LONDON, April 15- Global regulators have eased a new rule limiting how much business a bank can undertake with a single customer, as they try to minimise the risk of fallout from a counterparty going bust without imposing excessive burdens on financial firms.

  • Yellen signals more aggressive stance toward banks Tuesday, 15 Apr 2014 | 8:54 AM ET

    WASHINGTON— The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.

  • LONDON, Apr 15- Investors cut extreme bets against emerging markets in April as improving Chinese growth expectations and cheap valuations attracted asset managers to the riskier asset class, a survey showed on Tuesday.

  • Food, rental housing bump up U.S. consumer inflation Tuesday, 15 Apr 2014 | 8:30 AM ET

    WASHINGTON, April 15- U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low. The Labor Department said on Tuesday its Consumer Price Index increased 0.2 percent last month as a rise in food and shelter costs offset a decline in gasoline prices.

  • LONDON, April 15- Three former brokers at ICAP, the world's largest interdealer broker, appeared in a London court on Tuesday charged with running a four-year scheme to manipulate Libor benchmark rates.

  • RIO DE JANEIRO, April 15- Fundraising among private-equity and venture capital firms in Brazil is expected to rise this year, a senior industry executive said, a move that could help propel a fresh round of acquisitions in the infrastructure, logistics and information technology sectors.

  • TOKYO, April 15- The Bank of Japan's massive purchases of government debt hit a milestone this week, sucking liquidity out of the market to such an extent that the benchmark 10- year bond went untraded for more than a day, the first time in 13 years.

  • LONDON, April 15- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.

  • EU lawmakers complete financial system overhaul Tuesday, 15 Apr 2014 | 4:35 AM ET

    BRUSSELS— The European Union's Parliament on Tuesday completed the biggest overhaul of the bloc's financial system since the introduction of the euro currency, passing laws to minimize the risk and cost posed by failing banks.

  • BEIJING, April 15- Chinese shares listed in Hong Kong suffered their biggest daily drop in 10 weeks, hit by profit-taking in automakers and sharp declines in banks following weak Chinese money supply data.

  • China shares drop over 1 pct as banks hit by weak data Tuesday, 15 Apr 2014 | 3:13 AM ET

    BEIJING, April 15- China shares fell sharply on Tuesday as the banking sector took a beating after data showed the country's money supply grew at its slowest pace in more than a decade.

  • *Some wariness towards tensions in Ukraine. Some caution over tensions in Ukraine may be helping to temper the dollar's gains against the yen, said a trader for a European bank in Tokyo. Investors remained wary of developments in Ukraine, where any escalation might quickly cause risk appetite to evaporate.

  • Banks lead declines in China stocks, HK autos down Tuesday, 15 Apr 2014 | 1:14 AM ET

    BEIJING, April 15- China shares fell on Tuesday as weak banking stocks weighed on sentiment after data showed the country's money supply grew at its slowest pace in more than a decade and loan growth slowed. Hong Kong stocks also fell, dragged lower by auto shares, which shed some of the gains seen over the past few days after positive earnings data.

  • SHANGHAI, April 15- China's yuan softened on Tuesday after the central bank fixed its official midpoint at a seven-month low, as traders said major Chinese industrial companies were stocking up on dollars for trade as well as mergers and acquisitions.

  • DIARY - Top Economic Events to April 28 Monday, 14 Apr 2014 | 8:01 PM ET

    Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.

  • Final Glance: Credit Card companies Monday, 14 Apr 2014 | 6:01 PM ET

    American Express Co. rose$. 96 or 1.1 percent, to $85.50. Capital One Financial Corp. rose$. 02 or percent, to $74.06. Discover Financial Services rose$. 13 or. 2 percent, to $55.28.

  • NEW YORK, April 14- Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks.

  • *Fiscal year 2014 deficit estimated to fall to $492 billion. WASHINGTON, April 14- Health insurance subsidies under the Affordable Care Act will cost slightly less than previously thought, helping to slow down the forecast growth of U.S. deficits over the next decade, the Congressional Budget Office said on Monday.

  • Midday Glance: Credit Card companies Monday, 14 Apr 2014 | 2:08 PM ET

    American Express Co. rose $1.54 or 1.8 percent, to $86.08. Capital One Financial Corp. rose$. 26 or. 4 percent, to $74.30. Discover Financial Services rose$. 37 or. 7 percent, to $55.52.

  • RIO DE JANEIRO, April 14- The group representing Brazil's buyout industry is in talks with the government and lawmakers to implement a lower tax scheme on venture capital funds to help lure more money into the highly-risky segment, senior executives said on Monday.

Banks

  • Discussing loan growth in financials and the drag of litigation on Bank of America's earnings, with Gerard Cassidy, RBC Capital Markets lead banking analyst.

  • Ken Moelis, Moelis & Company founder and CEO, discusses the public debut of his company on the NYSE and explains his boutique investment banking model. "Clients will want the flexibility of an independent, unconflicted advisor," Moelis says.

  • Discussing how to buy in volatile market conditions and the investment banking market, David Katz, Matrix Asset Advisors CIO, and Charles Bobrinskoy, Ariel Investments vice chairman & portfolio manager.

Most Popular Video

Wednesday, 16 Apr 2014 | 11:56 AM ET

Art Cashin, UBS director of floor operations, explains what played into yesterday's market reversal and tells what sectors are back in favor today.

Wednesday, 16 Apr 2014 | 12:25 PM ET

CNBC's Steve Liesman provides insight into the highlights of Fed Chair Janet Yellen's comments at The Economic Club of New York.

Wednesday, 16 Apr 2014 | 12:15 PM ET

Josh Spencer, T. Rowe Price portfolio manager, encourages investors to get some guts and buy into growth stocks like Tesla and Amazon. He shares his opinions on some of the old tech names.