European stocks closed higher on Thursday after an onslaught of earnings, but Spanish stocks underperformed to close lower.» Read More
WARSAW, Oct 1- Brokerage houses in Warsaw are scaling back operations and in some cases could leave altogether because the boom in stock-market listings that helped them escape blood-letting in other financial hubs is fizzling out.
DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. FGB's existing 2017 maturity- a $500 million Islamic bond, or sukuk,- was yielding about 2.7 percent on Monday, according to Thomson Reuters data, at a z-spread of about 207.6 basis points. Benchmark-sized is understood to mean at least $500 million.
DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. Citi, National Bank of Abu Dhabi, HSBC, Standard Chartered and Deutsche Bank. Reuters reported last week that the lender, the second biggest by market value in the United Arab Emirates, was eyeing a new bond sale.
COMMERZBANK Indicated 0.5 percent lower. Commerzbank on Saturday declined to comment on a magazine report that it planned to pay no dividend for its 2013 financial year.
Commerzbank on Saturday declined to comment on a magazine report that it planned to pay no dividend for its 2013 financial year.
*Qatar Islamic Bank also in market, may issue sukuk this week. By Rachna Uppal DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. FGB may soon be joined by another regional bank, Qatar Islamic Bank, which is expected to issue a sukuk this week, following investor meetings.
Yesterday we saw some bullish action in Viacom, with one options trader buying 60,000 December 60 calls for $0.50 each with the stock at 54.59.
As gold prices hit a 2012 record of $1,787.40 per ounce on Friday, Bank of America Merrill Lynch analysts told CNBC the precious metal could soar to $3,000 or even $5,000 over the longer-term.
The move by Bank of America and Nomura to shed large numbers of jobs is just scratching the surface of a redundancy wave that is set to hit the banking sector, Simon Maughan, financials sector strategist at Olivetree Financial Group, told CNBC on Friday.
Take a look at some of Monday's morning movers:
Europe’s single currency zone is essential and will survive its current crisis, Anshu Jain, the co-CEO of Germany’s Deutsche Bank, told CNBC on Tuesday.
Deutsche Bank unveiled a new plan on Tuesday to survive in a less profitable investment banking world, saying it would aim for 4.5 billion euros in annual savings by 2015, and move 125 billion euros in assets to a non-core unit.
Anshu Jain, co-CEO of Deutsche Bank, says ECB Chief Mario Draghi's unlimited bond purchases announcement has "galvanized" markets.
Despite evidence of slowing retail sales growth in China, high-end designers are still clamoring to enter the emerging market with the launch of a new luxury e-commerce website.
Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.
Mild mannered Switzerland is putting downward pressure on the common currency.
USA TODAY reporter John Waggoner explains the Libor scandal and what it means to you.
Regulators are focusing on at least four of Europe’s biggest banks as they investigate the attempted manipulation of the region’s benchmark interest rate, The Financial Times reports.
They are supposed to be among Wall Street’s most closely guarded secrets: changes in research analysts’ views, up or down, of a company’s prospects. But some of the nation’s biggest brokerage firms appear to be giving a handful of top hedge funds an early peek at these sentiments — allowing them to trade on the information before other investors get the word, the New York Times reports.
Traders on Wall Street are always looking for how to get an edge and pull ahead especially in this catch-a-falling knife market. The latest secret weapon isn’t some complex trade or computer algorithm, it’s something more primal — testosterone.