Capital Markets Investment Banking and Brokerage

  • *China, U.S. to hold trade talks this month. Aug 16- U.S. stock indexes rose about 1 percent on Thursday, helped by upbeat earnings from Walmart and Cisco and easing trade worries after the United States and China said they would hold talks later this month. Cisco rose 3.7 percent after posting quarterly results and first-quarter sales forecast that topped Wall...

  • *China, U.S. to hold trade talks this month. Aug 16- U.S. stocks rose in a broad-based rally on Thursday, helped by robust earnings from Walmart and Cisco and easing trade worries after China and the United States said they would hold talks later this month. Cisco rose 4.6 percent after posting quarterly results and first-quarter sales forecast that topped Wall...

  • LONDON, Aug 16- A majority of Britons do not trust banks and think they did not face severe enough penalties for their part in the 2008 financial crisis, a survey showed on Thursday. Next month will mark the tenth anniversary of the collapse of investment bank Lehman Brothers, as a bubble in the United States sub-prime mortgage market burst. The survey found 66...

  • NEW YORK, Aug 9- Goldman Sachs Group Inc was sued on Thursday by a former managing director who said the Wall Street bank retaliated against him and fired him after he complained about its dealings with an unidentified, "notorious European businessman." Christopher Rollins, now chief executive of BTIG Ltd, a London- based unit of investment banking and trading firm...

  • Aug 8- Hong Kong's Cathay Pacific Airways Ltd on Wednesday swung to a narrower half-year loss and flagged expectations for a better second half, in a sign its transformation program designed to lift revenue was paying off. This is below a forecast for a HK $140 million profit issued by investment bank BOCOM International, but better than Daiwa Capital Markets'...

  • Aug 8- Hong Kong's Cathay Pacific Airways Ltd on Wednesday swung to a narrower half-year loss, in a sign its transformation programme designed to cut costs and lift revenue was paying off. Daiwa Capital Markets had forecast a net loss of HK $363 million. Group revenue rose 15.7 percent to HK $53.1 billion in the first half, while passenger yields- a proxy for...

  • PARIS, Aug 3- French bank Credit Agricole delivered a rise in second-quarter profits on Friday that beat market forecasts and lifted its shares, driven by a good performance in Italy and its investment bank and asset management units. Net profit rose 6.4 percent to 1.44 billion euros, above an average forecast of 1.04 billion euros delivered by a poll of analysts...

  • *Q2 net profit before tax $2.5 bln. *Interim dividend of 2.5 pence per share, above expectation. LONDON, Aug 2- Barclays' second-quarter pretax profits almost trebled in the absence of hefty payouts for legal problems but the British lender faced further questions about the role of investment banking in its strategy.

  • PARIS, Aug 1- BNP Paribas, France's largest listed bank, beat second-quarter profit forecasts on Wednesday as its global business offset a sharp fixed income trading fall and domestic weakness. Although second quarter net profit fell 0.1 percent to 2.39 billion euros from 2.4 billion euros a year before, this was above a median profit of 2.07 billion euros from...

  • PARIS, Aug 1- BNP Paribas, France's largest listed bank, reported forecast-beating second-quarter profits on Wednesday as higher revenues from its diversified international financial services unit offset sluggish fixed-income trading. Net profit fell 0.1 percent to 2.39 billion euros compared with 2.4 billion euros a year before. Overall, group revenue...

  • PARIS, Aug 1- BNP Paribas, French largest listed bank, reported second quarter profits that beat market forecasts, as higher revenues from its diversified international financial services unit offset sluggish fixed-income trading. Overall, group revenue rose 2.5 percent from the same period to 11.21 billion euros compared with a median forecast for...

  • CNBC's Joumanna Bercetche speaks to BNP Paribas CFO Lars Machenil about the French lender's second-quarter earnings report.

  • July 30- General Electric Co has hired an investment bank to organize an auction for its digital assets, the Wall Street Journal reported on Monday citing people familiar with the matter. The Wall Street Journal report did not reveal the exact assets for sale or the potential deal value. Former GE Chief Executive Jeff Immelt invested more than $4 billion in GE...

  • Exxon Mobil CEO: We plan to more than double earnings by 2025

    Using data from Factset, CNBC took a look by decade to find out which of Corporate America's behemoths have given the most back to their shareholders. 

  • July 27- Samsung Securities Co Chief Executive Officer Koo Sung- hoon resigned after the company was punished by South Korea's financial regulator because an employee's error sparked a $105 billion "ghost stock" blunder, Bloomberg reported on Friday. Koo Sung- hoon's resignation was disclosed in a regulatory filing Friday and the company, one of South Korea's...

  • DUBAI/ LONDON, July 26- Moelis& Co is preparing to apply for an advisory licence in Saudi Arabia to enable it to secure more deals, three sources familiar with the matter told Reuters. The New York- based boutique investment bank is expected to apply for a licence from the country's Capital Market Authority to carry out advisory work enabling it to do more local...

  • DUBAI/ LONDON, July 26- Moelis& Co is preparing to apply for an advisory license in Saudi Arabia to enable it to secure more deals, three sources familiar with the matter told Reuters. The New York- based boutique investment bank is expected to apply for a license from the country's Capital Market Authority to carry out advisory work enabling it to do more local...

  • TD Ameritrade volatile after-hours following earnings

    CNBC's Seema Mody reports the latest on TD Ameritrade's quarterly earnings.

  • A recruiter for The Art Institutes, left, greets a job seeker at a National Career Fairs job fair in San Diego.

    Thousands of students from The Art Institutes are asking the government to cancel their loans, saying the school defrauded them. 

  • Carlyle CEO David Rubenstein: Minority stake is not completely passive position

    David M. Rubenstein, Co-Founder & Co-Executive Chairman of The Carlyle Group, takes questions from CNBC's Becky Quick at the Delivering Alpha conference.