×

Finance Banks

  • PRAGUE, Aug 3- Czech policymakers delivered their first interest rate hike since 2008 on Thursday, stepping ahead of European Union peers to launch the bloc's first tightening cycle in more than five years. Reflecting global rate-setters' desire to move away from post-financial crisis ultra-loose monetary policy, the Czech National Bank board voted...

  • *BoE keeps Bank Rate at 0.25 pct. LONDON, Aug 3- The Bank of England kept interest rates at a record low again on Thursday and, seeing Brexit weighing on the economy, cut its forecasts for growth and wages. Governor Mark Carney nonetheless sought to keep alive the possibility of one next year.

  • BUDAPEST/ PRAGUE, Aug 3- The crown surged on Thursday after the Czech central bank delivered the the European Union's first central bank interest rate hike for more than five years to fight inflation. It traded at 25.965 by 1139 GMT, up half a percent. The stocks of lenders Erste and Komercni Banka extended their gains after the decision, leading a 0.4 percent rise in...

  • BUDAPEST/ PRAGUE, Aug 3- The crown surged on Thursday after the Czech central bank delivered the the European Union's first central bank interest rate hike for more than five years to fight inflation. It traded at 25.965 by 1139 GMT, up half a percent. The stocks of lenders Erste and Komercni Banka extended their gains after the decision, leading a 0.4 percent rise in...

  • *FTSE rallies, sterling falls after BoE leaves rates unchanged. LONDON, Aug 3- Upbeat economic news helped push European stock markets higher on Thursday, while sterling hit a nine-month low against the euro after investors concluded the Bank of England was in no hurry to raise interest rates. Britain's blue-chip FTSE climbed 0.6 percent to a one-week high, while...

  • *Bank of England rate decision due. LONDON, Aug 3- Upbeat economic news helped push European stock markets higher on Thursday, while stronger-than-expected data in Britain drove sterling to an 11- month high ahead of a Bank of England monetary policy decision. Britain's blue-chip FTSE was also marginally higher, although Germany's main stock index was a touch...

  • LONDON, Aug 3- European shares fell back on Thursday as energy and banking stocks dragged broader indices, while retail was a bright spot after an upbeat set of results from Britain's Next. Britain's FTSE 100 slipped 0.2 percent as investors awaited the Bank of England's monetary policy decision. "German equities have been strongly impacted by the euro over the...

  • Expect jumbo bonds to perform for the rest of the year

    Jerome Grivet, deputy managing director of group finance at Credit Agricole, speaks about the bank's capital markets activity.

  • LONDON, Aug 3- European shares fell back on Thursday as energy and banking stocks dragged broader indices, while retail was a bright spot after an upbeat set of results from Britain's Next. Britain's FTSE 100 slipped 0.1 percent as investors awaited the Bank of England's monetary policy decision. While banks overall fell on the day, shares in Italy's largest bank...

  • LONDON, Aug 3- European shares fell back on Thursday as energy and banking stocks dragged broader indices, while retail was a bright spot after an upbeat set of results from Britain's Next. Britain's FTSE 100 slipped 0.1 percent as investors awaited the Bank of England's monetary policy decision. While banks overall fell on the day, shares in Italy's largest bank...

  • MILAN, Aug 3- Italy's largest bank by assets, UniCredit, posted a stronger-than-expected net profit for the second quarter on Thursday, thanks largely to a drop in loan-loss charges and better fee income. The bank, which has operations in 17 countries, mostly in Europe, reported a net profit of 945 million euros, well above a consensus forecast of 676 million euros...

  • Economy improving in our main markets, France and Italy:

    Jerome Grivet, deputy managing director of Group Finance at Credit Agricole, speaks about earnings and his business' Amundi arm.

  • The U.S. Consumer Financial Protection Bureau said on Wednesday it had ordered JPMorgan Chase & Co to pay $4.6 million for allegedly failing to make sure it reported accurate information for checking account screening reports.

  • DUBAI, Aug 3- Emirates National Oil Company has secured a $500 million revolving credit facility which it will use to back its growth over the next few years, it said in a statement on Thursday. ENOC Group's chief executive, Saif Humaid Al Falasi, said: over the next five years, the group will focus on expanding capacities to support domestic energy demand in...

  • Credit Agricole reported a sharp rise in its core capital ratio to 12.4 percent, as the bank took advantage of higher profits and a sale of a stake in investment company Eurazeo to beef up its financial position.

  • Italy's largest bank by assets, UniCredit, posted a stronger-than-expected net profit in the second quarter of the year thanks to lower costs and a drop in loan-loss charges.

  • MILAN, Aug 3- Italy's largest bank by assets, UniCredit, posted a stronger-than-expected net profit in the second quarter of the year thanks to lower costs and a drop in loan-loss charges. Net profit came in at 945 million euros, well above a consensus forecast of 676 million euros distributed by the bank and also helped by a positive one-off item in Germany.

  • SYDNEY, Aug 3- The Australian government on Thursday accused the country's biggest mortgage lender, Commonwealth Bank of Australia, of widespread breaches of money-laundering and counter-terrorism financing rules. Australia's biggest mortgage lender failed to report suspicious matters "either on time or at all involving transactions totalling over A...

  • Bill Fitzpatrick of Manulife Asset Management says the bank isn't being overly cautious by deciding to not resume issuing dividends.

  • Louis Fed President James Bullard is opposed to further U.S. interest rate increases by the central bank and warned that more hikes could hinder domestic inflation from achieving the Fed's 2- percent goal, Market News International reported on Wednesday. President Donald Trump grudgingly signed into law new sanctions against Russia on Wednesday, a move...

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.