After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.» Read More
Investors need a strong stomach to invest in UK bank stocks. In recent years they have displayed considerable levels of volatility that cannot be wholly explained by the fundamentals of the individual banks. In fact, bank stocks are now arguably the most effective barometer available to measure risk appetite.
Bob Parker, senior advisor at Credit Suisse joined CNBC to discuss Lloyds bank reporting a nine month loss and the corporate impact of periphery debt.
Moody’s downgrade of 12 British banks last week is irrelevant to the current state of the UK banking sector, analysts told CNBC.com, adding that hell has a better chance of freezing than any British bank failing.
Peter Toogood, head of investment at Old Broad Street Research, told CNBC that the Moody's Corporation downgrade of 12 UK banks told investors nothing they did not already know about systemic risk.
Some of Britain’s biggest banks have begun quietly ridding themselves of billions of pounds of assets they have found difficult to sell following the financial crisis, moving them off their balance sheets and into staff pension funds, the FT reports.
UK bank Northern Rock would cease to exist under proposals submitted to the government by one of the leading contenders to take the bank back into private ownership, it emerged on Thursday.
Lord Peter Levene, Lloyd's of London chairman, discusses his tenure ending in October. He weighs in on the insurance industry and recent cyber risks on companies.
Some time this morning, the New York Federal Reserve will buy $4 billion to $5 billion in Treasuries, completing its $600 billion purchase program.
Shares in Lloyds Banking Group jumped over seven percent to the top of the FTSE 100 Thursday after it confirmed the loss of 15,000 jobs over the next two and a half years.
Lloyds Banking Group’s exposure to the riskiest kind of mortgages is more than double that of any of its top five rivals in what is potentially a ticking time bomb for Britain’s largest high-street lender, the FT reports.
It started with Italy — Moody's said it was considering downgrading the creditworthiness of Italian banks.
The British government is considering deleveraging its shares in state-owned banks Lloyds’ Banking Group and Royal Bank of Scotland (RBS) by issuing stock to every taxpayer in the country, it emerged on Monday.
Britain’s banks will argue that they are subject to some of the world’s toughest rules on bonuses and that tougher transparency rules could undermine the UK’s competitiveness. The FT reports.
These four names probably wouldn't make the cut, Cramer said. Here's why.
Britain's top banks are set to need more capital and ring-fence retail banking to shield taxpayers from another crisis in the most radical industry shake-up for decades, which may prompt some banks to leave.
Cramer makes the call on viewers' favorite stocks.
Lloyds Banking Group is looking to raise £20 billion ($32 billion) to help fund the sale of 600 branches.
Legendary tech fund manager Dan Niles of Alpha One Capital Partners reveals three names on his radar for 2011. Are they on yours?
Lord Myners, City minister in the last government and a key figure in the financial bail-outs at the height of the global crisis, has called for a break-up of Britain’s biggest banks.
A federal judge on Tuesday criticized Barclays’ $298 million deal with the U.S. authorities to settle charges of facilitating payments that violated sanctions against countries including Cuba and Iran. The FT reports.