Standard Chartered is considering clawing back bonuses, its chief executive said after reporting its first annual loss, the Financial Times reports.
A sharp decline in oil and metal prices dragged European equities deep into the red on Tuesday's close, as investors digested earnings and data.
Bob Parker, senior advisor for investment, strategy & research at Credit Suisse, weighs in on Standard Chartered’s latest earnings and its exposure to commodities.
Jackson Wong from Huarong International Securities explains why HSBC is in a slightly better position than Standard Chartered.
European markets closed mostly lower on Tuesday, as a decline in commodity prices and mixed earnings weighed.
European banks' exposure to energy credits could stretch further into the future than their American counterparts.
European banks are facing potential asset sales to shore up capital against a rising tide of bad energy loans.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including how the weak U.S. dollar has hurt European mining and materials stocks.
2016 is proving a difficult year for European banks, as the industry grapples with nonperforming loans, rocky markets, increasing regulation and EM volatility.
HSBC will no longer provide mortgages to some Chinese nationals who buy U.S. real estate, as Beijing battles to stem capital outflows.
From the economy to property stocks, here's how Morgan Stanley thinks ructions in currency markets will impact Hong Kong.
Oil prices are likely to sink further from the 12-year trough reached this week and the clue might be in futures contracts.
Oil is being slammed by a severe erosion in market confidence caused by the weak global environment, according to a top energy expert.
The U.S. crude settle came in at $30.44 a barrel, according to the NYMEX.
Barclays will announce investment banking job cuts across Asia next week, including closures in South Korea and Taiwan, sources said.
European stocks attempted to make gains on Tuesday, but closed mixed as the volatility in oil prices kept investors on edge.
European markets posted strong gains during Thursday's session, closing higher, after the Fed announced its first rate rise in almost a decade.
Asian stock markets closed in positive territory, taking cues from a positive finish in Wall Street overnight after the Fed raised interest rates.
Chinese markets closed higher on Wednesday on the back of rumors of an upcoming incentive to boost China's property market.
Royal Bank of Scotland and Standard Chartered, the U.K.-based banks, scraped through the country's bank stress tests.