Bank of Ireland has made a profit for the first time since the Irish property market collapsed ignominiously in 2008.» Read More
Banks, which have been sitting on a pile of real estate assets or listing them at only slight discounts, are beginning to slash prices, eager to get out of the business of being landlords, the NYT reports.
A pensioner whose home was repossessed is taking on some of the world’s leading banks in the first known class-action lawsuit claiming that alleged Libor manipulation made mortgage repayments for thousands of Americans more expensive than they should have been. The FT reports.
Three principals of hedge fund GLG Partners are sitting on a $220m paper loss two years on from their firm’s acquisition by Man Group in the industry’s biggest merger.
With anti-austerity protests across Europe resulting in civil unrest, Switzerland is taking unusual precautions to prepare its army for a refugee crisis or the possibility of protests at home created by a financial crisis.
Christine Lagarde, IMF managing director, says she would rather have a difficult, yet a credible program for Greece.
Jim Walker, Founder and CEO, Asianomics says devaluing the euro will lead to short term pain but will eventually result in growth in the euro zone economy.
Tony Nash, Managing Director, IHS says that the Fed's primary concern is the U.S but it is aware of the impact that QE has on emerging economies.
Louis Kuijs, Chief China Economist, RBS warns that despite the recent positive data on China's exports, momentum will fall as 2013 comes around.
John Horner, FX Strategist, Deutsche Bank, says that despite strong export data from China, investors remain pessimistic over the AUD.
William Rhodes, President & CEO of William R. Rhodes Global Advisors says that more leadership is needed to stabilize the European region.
Ray Attrill, Co-Head of FX Strategy, NAB says that Germany is likely to give Greece more time to meet its austerity promises.
IMF Managing Director Christine Lagarde talks to CNBC's Maria Bartiromo about the impact of extreme austerity on Europe and whether Greece can get a better deal.
A slew of earnings are set to be released next week, so how should you position your portfolio? Stephen Gallagher, Societe Generale; Mark Luschini, Janney Montgomery Scott; and Ryan Detrick, Schaeffer's Investment Research, offer investment strategies.
Europe's top shares ended the week in negative territory with weakness in commodity stocks outpacing gains in healthcare and consumer staples as growth pains smother appetite for risk.
Optimism lifts the euro and China lets the yuan lift — it's time for your FX Fix.
Thanks to the Federal Reserve, Jamie Dimon and the Obama administration, the U.S. economy is “bleeding”, John McCain, the Republican Senator from Arizona and former presidential candidate, told CNBC.
Some of the world’s biggest oil companies and traders are poised to export substantial amounts of crude from the US for the first time in decades, as booming output there promises to reshape global energy markets, The FT reports.
Spain’s reluctance to ask for a bailout was justified, said Angel Gurria, the secretary general of the Organization for Economic Cooperation and Development (OECD), as there were signals that any calls for help by Madrid may be rejected.
Jean-Michel Six, Chief Economist for EMEA, S&P says that both Spain's private and public sectors are de-leveraging and its short-term growth prospects are a concern.
Greece is back in the headlines in the wake of a visit by Germany's Angela Merkel. Here's how one expert sees the euro zone's troubles resolving.
Get the best of CNBC in your inbox
Scott Shellady, CEO of Bull Reef Brokerage at TJM Investments, comments on the U.S. market and says that it should continue to sell off if the jobs number come out strong.
How do you make money in these markets? Here is what some of the experts have been telling CNBC.
Jens Nordvig, global head of foreign exchange strategy at Nomura Securities International, discusses the upcoming U.S. nonfarm payroll data and why the next FOMC meeting could be "crucial".