If an independent Scotland gets voted in later this year, Scottish banks could be at risk of an Iceland-style collapse, a ratings agency has warned.» Read More
The mass downgrades of major global banks by ratings agency Moody’s Thursday night don’t appear to have caused the downwards market movements one might have expected.
Oil fell to its lowest levels in a year and a half on Thursday, the outlook for oil remains weak and sanctions imposed on Iran are likely to make matters worse, Dan Yergin, co-founder and chairman of energy research consultancy Cambridge Energy Research Associates (IHS CERA) told CNBC.
Western policymakers are "making fools" of themselves in the eyes of people in emerging markets as no initiative to end the euro zone crisis has emerged in more than two years, an economist told CNBC at the St. Petersburg International Economic Forum (SPIEF).
This month will likely be the first June for at least 20 years in which there were no European stock market flotations valued above $100 million, according to research from Dealogic.
Hopes of launching the euro zone’s permanent rescue fund in the first days of July suffered a blow on Thursday when one of Germany’s opposition parties said it would ask the country’s highest court to suspend ratification while deciding whether it complied with the constitution, the Financial Times reports.
Moody’s downgrades banks; Blackrock fund manager leaves; Twitter suffers an outage; AIG docks a chief for an inter-office relationship.
Sean Darby, Global Head of Equity, Jefferies says the recapitalization of Spanish banks is not over "by a long way".
Kathy Lien, Managing Director at BK Asset Management says investors should use any rally in the euro to sell the currency, because it will edge lower over the next 3 months.
Jacob Kirkegaard, Research Fellow, Peterson Institute for International Economics (PIIE) says that worries that Spain could need a complete bailout are overblown.
Red Hat CEO James Whitehurst discusses his company's latest earnings beat and strong position in Europe.
Recent graduates with arts degrees face a jobless rate of 11.1 percent. With numbers like that, the degree probably seems useless. But many people have gone on to great success after earning “useless” degrees.
One of these days, the drama in Europe will slow down - just not yet. Here's how to trade euro bounces.
George Gatch, JPMorgan Asset Mgmt. Global Funds CEO, discusses what investors should be focused on at this stage of the euro zone crisis.
Art Cashin of UBS tells CNBC's Brian Shactman why the Federal Reserve may have held back from additional easing when it met yesterday.
Michael Hasenstab, Templeton Global Bond Fund, says the European debt crisis is a blessing in disguise. "Politicians only act when there is a gun to their head," he tells CNBC's Tyler Mathisen.
One of the biggest banks in the world wants the president's favorite banker muzzled, The New York Times reports.
At Rio+20, business leaders will be present in force. The question is why and what difference can business make?
The euro wavers as a Spanish bank audit looms, and India's rupee can't get a break — it's time for your FX Fix.
Dino Kos, Hamiltonian Associates managing director, provides unique insight into "Operation Twist 2.0" and the likely fallout from the Fed's policy on low interest rates and its impact on investments and the housing markets, with Edward Lazear, Stanford University economics professor.
The current slight market rally will be over by the end of July or early August, notedly bearish strategist Bob Janjuah told CNBC Thursday.
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Eduard Zehetner, CEO of Immofinanz, explains that he wrote off exposure to Ukraine property five years ago, but that investments in Moscow property are the most profitable he has in his portfolio.
Edmund Salvesen, equity analyst at Brewin Dolphin, says the message regarding bonus payouts from Barclays' shareholders "couldn't be clearer," and discusses whether this could happen at other banks.
Emiliano Mellino, senior France correspondent at DealReporter, says that if an Alstom/GE deal was focused on the energy asset, it might be "easier to pull off."