Lars Machenil, CFO at BNP Paribas, says there is uncertainty around banking regulation, but banks need to be "whipped into shape" in order to lend more to economy.» Read More
Aussie dollar could hit parity by year end, after the battered currency regains ground this month, helped by positive economic data out of China.
India has been hit by a wave of growth downgrades, with analysts predicting the slowdown to worsen after GDP figures on Friday fell to lowest rate in four years.
Emerging markets are getting a beating right now, but the tattered asset class could be poised to become the “comeback kid” of 2014, some analysts say.
Banks in the euro zone could offer the best returns, says David Herro, Morningstar's international fund manager of the decade.
Jean-Laurent Bonnafe, CEO of BNP Paribas, tells CNBC that they are confident about any kind of asset quality review.
Jean-Laurent Bonnafe, CEO of BNP Paribas, tells CNBC that banking union is essential and serious and must be done progressively.
Jean-Laurent Bonnafe, CEO of BNP Paribas, tells CNBC that the corporate bank performance was hit by deleveraging.
Royal Bank of Scotland is expected to report its first quarterly profit in 18 months on Friday, the fruit of efforts to focus on bread and butter lending.
Barclays steeply cut its oil price forecasts on Wednesday, becoming the last of the big banks active in commodities to abandon its bullish stance.
The chairman of CITIC Securities is busy remodeling China's biggest brokerage after Goldman by expanding into asset management, trading complex derivatives instruments and nurturing overseas deals.
The City of London's big banks are considering suing the EU over rules to cap bonuses after receiving legal advice that the pay regulation could be struck down in court. The Financial Times reports.
Jean-Laurent Bonnafé, CEO of BNP Paribas, tells CNBC that there is a very low growth scenario in Europe but they plan to diversify and get more out of the US and Asia Pacific.
Monte dei Paschi pumped up its bid for Antonveneta to trump a rival offer from France's BNP Paribas, paving the way for an eventual state bailout of the world's oldest bank.
Shares of Chinalco Mining Corp International, a unit of China's top aluminium group, Aluminum Corp of China (Chinalco), fell as much as 11.4 percent on their Hong Kong debut on Thursday, a week after pricing its $400 million initial public offering near the mid-point of an indicative range.
Baudoin Prot, chairman of BNP Paribas, shares his outlook for Europe's banking sector.
Oil futures rose on news that top world oil exporter Saudi Arabia had cut back production in response to flagging demand, and after China reported strong demand for its exports.
Block deals hit a record $57.3 billion this year as they become the mainstay of Asian investment banks, bringing relief to IPO-starved equity capital markets (ECM) bankers in the region.
Jean Laurent Bonnafe, CEO of BNP Paribas, told CNBC, "The euro has very strong political support, last week both President Hollande and Chancellor Merkel explained that they are both very much in favour of the euro, secondly over the past two years Europe built relative tools, like the ESM, to give a hand to countries in trouble."
"The European summit seems to have been quite pivotal, they really focused on financial system support as opposed to sovereign support so now it is about implementation, and at least meeting expectations or beating expectations, so we are fairly positive on Europe in short-term." Gerry Fowler, global head of equity, BNP Paribas, told CNBC.
Shares of Wells Fargo are down 2 percent today, despite a better than expected earnings report. Timothy Sloan, Wells Fargo CFO, discusses the state of the U.S. economy and the housing market.