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Pros Say: Don’t be Overenthusiastic on Banks

Despite the jumps in banks' shares in morning trade following reports the U.S. government may seek to get 40 percent in Citigroup, experts tell CNBC banks still have skeletons in their closets.

Impact of BoQ's Downgrade

The downgrade of Bank of Queensland will impact the fixed-income market, in particular Asian investors, says Sean Callow, senior currency strategist Westpac Bank.

HSBC May Tumble to HK$50

Shares of HSBC may tumble to HK$50 ahead of its earnings result due on March 2, says Peter Lai, director at DBS Vickers Securities, as he believes that the bank is likely to embark on a capital raising.

Bank Nationalizations Bad Idea?

The government policy of nationalizing banks has more negative long-term implications than short-term positive implications, Beat Lenherr from LGT Capital Management told CNBC.

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  • CNBC catches up with Hani al Hamli, secretary general of the Dubai Economic Council at the Smart Living City Dubai conference to discuss the city's ambition to become a role model for smart cities.

  • Peter Hirshberg, chairman at Re:Imagine Group, comments on what makes a city smart and says Dubai's strong government is able to implement and try new technologies quickly.

  • Amr Salem, managing director of global sales for Smart Cities at Cisco, says Dubai has been investing in smart infrastructures for years and comments on the security aspect of smart cities.