Capital Markets Investment Banking and Brokerage

  • *Malaysia files charges against two former Goldman bankers. NEW YORK/ KUALA LUMPUR, Dec 17- Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1 MDB, and Goldman Sachs fired back that the previous Malaysian government had lied to the investment bank. Malaysia authorities charged the...

  • Robinhood's three percent interest rate comes with caveats for customers and the company

    CNBC markets reporter Kate Rooney sits down with "Power Lunch" to explain how Robinhood, the banking app disrupting the market, might be successful.

  • Stocks of e-brokers usually react before the rest of the market to changes in the Fed's interest rate policy.

  • *Switzerland's second-biggest bank announces new buyback plan. ZURICH, Dec 12- Credit Suisse plans to buy back 2 to 3 billion Swiss francs of shares over the next two years and raise its dividend, voicing confidence that its strategy is working after a painful three-year restructuring. Switzerland's second-biggest bank confirmed commitments to distribute...

  • Bank of America CEO: market bearishness doesn't match up with customer confidence

    Bank of America CEO Brian Moynihan talks with CNBC's Wilfred Frost on the economic positivity from Bank of America's customer base.

  • Watch CNBC’s full interview with Wells Fargo CEO Tim Sloan

    Wells Fargo CEO Tim Sloan sits down with CNBC's Wilfred Frost.

  • Wells Fargo CEO: small business success is 'off the charts'

    Wells Fargo CEO Tim Sloan sits down with CNBC's Wilfred Frost to talk about the bank's small business customers.

  • Nov 29- Goldman Sachs Group Inc has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia Pacific, excluding Japan, according to a memo seen by Reuters. Arth is currently head of the financing group in Asia Pacific, excluding Japan, while Drayton leads the financial and strategic investors group in Asia Pacific...

  • *Q4 EPS C $2.20 vs C $2.12 forecast. *Q4 net income rises 15 pct to C $3.25 billion. Canada's biggest lender by market value posted earnings per share of C $2.20 in the three months to Oct. 31, ahead of a consensus analyst forecast of C $2.12, according to IBES data from Refinitiv.

  • HONG KONG, Nov 28- Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China's moves to tighten capital controls and crack down on corporate debt have driven mainland buyers away. Two insurance companies have called off Hong Kong deals worth a combined $1.4 billion, with...

  • Traders in Chicago react to an announcement by the Federal Open Market Committee in 2011 to keep interest rates near zero. 

    Ken Moelis spoke about how the art of the deal has changed — and the big debt problem he thinks will soon hit the market.

  • LONDON, Nov 1- The United Kingdom and the European Union have made progress on a deal to give London's dominant financial centre basic access to EU markets after Brexit, two British officials said, but no agreement has yet been clinched. The deal being discussed would be based on the EU's existing system of financial market access known as' equivalence'- a...

  • LONDON, Nov 1- The United Kingdom and the European Union have made progress on a deal to give London's dominant financial centre basic access to EU markets after Brexit, two British officials said, but no agreement has yet been clinched. The deal being discussed would be based on the EU's existing system of financial market access known as' equivalence'- a...

  • LONDON, Nov 1- The United Kingdom and the European Union have made progress on a deal to give London's dominant financial centre basic access to EU markets after Brexit, two British officials said, but no agreement has yet been clinched. The deal being discussed would be based on the EU's existing system of financial market access known as' equivalence'- a...

  • Tao Wang of UBS Investment Bank says to expect more reserve requirement ratio cuts of 50 to 100 basis points this year and multiple cuts in 2019.

  • *Q3 revenue dips to 10.35 bln euros. PARIS, Oct 30- A drop in revenue at BNP Paribas as its investment bank underperformed overshadowed a rise in third-quarter profit on Tuesday, sending shares in France's biggest listed lender lower in early trade. Paris- based BNP Paribas said that revenue fell 0.4 percent to 10.35 billion euros in the quarter, below the 10.61...

  • PARIS, Oct 30- BNP Paribas, French largest listed bank, said revenue in the third quarter dipped due to weakness at its corporate and investment banking arm and at its European retail banks. Revenues fell 0.4 percent to 10.35 billion euros, below the 10.61 billion expected by analysts, although growth at the bank's international financial services division...

  • Financial advisory business has been sluggish for several of the big U.S. investment banks such as Goldman Sachs and Morgan Stanley as an escalating U.S.- China trade dispute weighed on global deal-making activity and equity raises. In the quarter, the company completed several high-profile deals such as WGL Holdings' $6.4 billion sale to AltaGas and...

  • Switzerland's biggest bank, which manages the money of half the world's billionaires, said on Thursday it aims to bring in 70 billion Swiss francs in new inflows from the United States over the next three years. But UBS posted a surprise 32 percent rise in overall third-quarter net profit after a 75 percent jump in investment banking pre-tax profit and strong...

  • OSLO, Oct 25- DNB, Norway's largest bank and a major lender to the oil sector, reported a third-quarter net profit that lagged forecasts on Thursday despite an upturn in the Norwegian economy. While net interest income rose in line with forecasts, DNB's income from investment banking faltered amid slow overall activity in capital markets during the quarter, it...