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  • ALMATY, Oct 18- Kazakhstan's central bank, which launched a support programme for the banking sector last month, has approved an assistance package worth 410 billion tenge for four local banks, the regulator said in a statement on Wednesday. These four banks are mid-sized lenders ATF Bank, Eurasian Bank, Tsesna Bank and Bank CenterCredit, it said, adding that the...

  • LONDON, Oct 18- British pay growth has lagged behind inflation again, official data showed on Wednesday, but the figures are likely to cement expectations among investors that the Bank of England will soon raise interest rates for the first time in a decade. Despite a slowdown in Britain's economy this year, the central bank is widely expected to increase rates to...

  • LONDON, Oct 18- British pay growth has lagged behind inflation again, official data showed, but the figures are likely to cement expectations among investors that the Bank of England will soon raise interest rates for the first time in a decade. Despite a slowdown in Britain's economy this year, the central bank is widely expected to increase its Bank Rate to 0.50...

  • LONDON, Oct 18- Italian bond yields fell to five-weeks lows on Wednesday, leading yields in the euro area down as investors looked to speeches by ECB officials for fresh insights on their thinking before next week's closely-anticipated central bank meeting. European Central Bank chief Mario Draghi, Chief Economist Peter Praet and Executive Board Member...

  • A customer is seen outside the State Bank ATM in Jaipur, Rajasthan, India.

    Analysts said its obvious what India's troubled banks most need — but it's unlikely the government will give it.

  • TAIPEI, Oct 18- Taiwan's central bank said it will still continue dialogue with the Washington over the U.S. Treasury's currency report in the future, deputy central bank governor Ching-Long Yang said on Wednesday. Treasury currency report issued on Tuesday in Washington said Taiwan was removed from its currency "monitoring list" because it had reduced the...

  • WASHINGTON— President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen. Before Trump met with reporters in the Rose Garden, a White House official speaking on condition of anonymity said that the five finalists are Yellen, current Fed...

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • An Overstock.com distribution center

    Speculation in digital currency bitcoin is apparently spilling over into an obscure e-commerce stock, Overstock.com.

  • Oct 17- All six big U.S. banks reported third-quarter earnings that topped Wall Street estimates as strength in their lending and advisory businesses and gains from higher interest rates helped them cushion a blow from a slump in bond trading. EPS- 88 cents vs est 81 cents Revenue- $9.20 bln vs est $9.01 bln Story- http://reut.rs/2hL5PjC Helped by:.

  • TRUMP TO LIKELY ANNOUNCE FEDERAL RESERVE CHAIR PICK FROM POOL OF FIVE CANDIDATES BEFORE LEAVING FOR ASIA TRIP IN EARLY NOV- SOURCE FAMILIAR.

  • LONDON, Oct 17- The Bank of England's new deputy governor distanced himself from the central bank's majority view that interest rates probably need to rise soon, and another newcomer said her support for that position was "very contingent on the data". Sterling and government bond yields fell as investors took the comments from Deputy Governor Dave Ramsden and...

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • NEW YORK, Oct 17- The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that U.S. Yields climbed as well on growing expectations that Trump favored Stanford economist John Taylor to head the U.S. central bank. Yellen so under his potential tutelage, the central bank might lift borrowing rates more aggressively, which would...

  • Goldman Sachs is the Rodney Dangerfield of investment banks: Anton Schutz

    Anton Schutz, Mendon Capital Advisors president & CIO, discusses the quarterly earnings reports from Morgan Stanley and Goldman Sachs.

  • Goldman Sachs CEO Lloyd Blankfein.

    The "Squawk on the Street" news crew weighs in on big bank earnings, after Goldman Sachs and Morgan Stanley report quarterly beats.

  • *IPO could value unit at 8 bln euros. FRANKFURT, Oct 17- Deutsche Bank has asked banks to pitch for work on an initial public offering of its asset management business that could raise around 2 billion euros, two people close to the matter said on Tuesday. Germany's largest lender said in March it planned to list the asset management arm, which could achieve a total...

  • MADRID, Oct 17- Four former managers of Spanish savings bank Caja de Ahorros del Mediterraneo were sentenced to prison by the country's High Court on Tuesday after being found guilty of false accounting and misleading investors about the lender's health. Spain's High Court said the managers were convicted due to actions it said distorted the bank's accounts...

  • Strong 'buy' on Bank of America: CFRA's Kenneth Leon

    Kenneth Leon, CFRA director of equity research, weighs in on key issues banks are watching, including tax reform and the next Fed chair. Also Leon shares his top bank picks.

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