Royal Bank of Scotland admitted it submitted erroneous data for European bank stress tests in October and had in fact only just scraped through.» Read More
Global investment banks are bracing themselves for a dismal second half, with further cuts in costs and staff, after a sharp drop in dealmaking and capital markets activity pushed down fees in the second quarter to their worst level in three year, the Financial Times reports.
Even as markets cheered the agreement by European leaders to allow the direct use of the bloc’s bailout funds to recapitalize struggling banks, well-known investor Jim Rogers told CNBC the move does nothing to help solve the region’s biggest problem, which is its high debt levels.
Soft commodities such as soy and corn should be used by investors to protect against inflation in the same way as gold, according to the founding partner of GAIA Capital, John Coast Sullenger.
Nike misses earnings; RIM posts a larger than expected loss; Ford says it's feeling the effects of the European economy and Coty nears IPO.
Charles-Edouard Bouee, President, Asia, Roland Berger says systemic risk in Europe has been declining and expects some progress from the EU Summit.
Tony Nash, Managing Director, IHS Global Services discusses the U.S. Supreme Court's ruling on the health care law. He says it was more of a political decision than an economic one.
Jonathan Barratt, CEO & Founder, Barratt's Bulletin says that gold is losing its safe haven appeal.
Luz Padilla, Fund Manager at DoubleLine says she turned defensive in April after realizing that the EU debt crisis wasn't going to change for the better.
With earnings season just around the corner, Cramer sheds some light on what to expect from six key sectors.
Arthur Hogan, Managing Director and Head of Product Strategy at Lazard Capital Markets says market expectations for an outcome from the EU summit are low.
According to the Dow Jones, Italy will not sign off on the growth pact until there is a deal reached on the bond buying proposal, reports CNBC's Michelle Caruso-Cabrera.
EU officials have agreed to spend 120 billion euros for "immediate growth measures," reports CNBC's Michelle Caruso-Cabrera.
Weighing in on what investors should be watching in tomorrow's markets, with Peter Boockvar, Miller Tabak Company; John Spallanzani, GFI Group; and Brian Edmonds, Cantor Fitzgerald.
With serious talks underway in some countries about the merits of staying in the euro, this strategist says it may be time to price in a possible breakup.
John Brady, R.J. O'Brien, offers insight on the economy, markets and currencies.
Expectations for the European Union summit are low, but this strategist says the euro could still disappoint.
The European Union summit looms, and the news gets worse from Britain — it's time for your FX Fix.
CNBC's Silvia Wadhwa reports EU leaders are divided on how to tackle Europe's growing debt crisis, and will focus on steps towards fiscal and banking union.
A look at where the euro is headed, ahead of today's EU summit in Brussels, with David Woo, BofA Merrill Lynch Global Research.
CNBC's Silva Wadhwa reports "the big grand fix" is not going to happen this week as European leaders gather for a summit in Brussels, and France calls for EU countries to assume joint liability for each other's debt, Also, a look at all the market moving events from Europe, with CNBC's Kelly Evans.
John Ducas, founder at Ducas Capital Management talks about his financial research firm and his assessment processes including using social media platforms for decision-making.
Douglas Morton, head of Asia research at Aviate Global discusses China's recent moves to cut interest rates and how it was a surprise to many because it was such a "broad-based interest cut".
Amjad Bashir, MEP of UKIP talks about what the UK Independence party would bring to the UK, in terms of the EU referendum, cutting the deficit, trade and immigration.