-
Despite the ongoing turmoil in the European markets, Indian stocks have been gaining in momentum since yesterday; however, some of the Indian IT stocks may take a knock as these banks offer major business to Indian IT companies.
-
The unanimous decision by HSBC's board gives a boost to London's status as a global financial centre, which since the financial crisis of 2008-09 has faced challenges from tougher regulation and rising costs.
-
As European banks continue to pull back in Asia, reeling under the debt crisis back home, regional banks are filling in the gap by buying their assets and increasing lending, say analysts.
-
Leading European banks reported dismal profits on Tuesday, blaming everything from the continent's debt crisis and Spain's property market crash to Facebook's disastrous stock market debut
-
In an interview to CNBC-TV18, Nick Parsons of National Australia Bank is doubtful that the debt crisis that the euro zone is dealing with is on the mend.
-
Banks are in danger of a "vicious cycle" from the need to pledge more of their best quality assets as protection to central banks and other creditors, which could hinder the banking system's ability to absorb shocks.
-
Moody's Investors Service said on Friday it had downgraded five Dutch banks, four of them by two notches, and warned a Greek exit of the euro would see further cuts, kicking off a long-awaited round of downgrades for major European institutions.
-
Restoring the health of European banks is critical to strengthening a global economy that is struggling to regain its footing and is at risk of losing ground, the IMF said on Friday.
-
In an interview to CNBC-TV18, John Woods, the MD & chief investment strategist, APAC, Citi Private Bank says that even though there are medium to long-term initiatives being taken by euro zone policymakers, near-term action is the need of the hour to contain the carnage in the region.
-
Recapitalizing insolvent European banks such as Bankia is a 'necessary evil', but some should still be allowed to fail, Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC.
-
Shane Oliver, head investment strategy & chief economist, AMP Capital Investors agrees with the S&P that India really needs to move a bit faster to get its fiscal and current account deficit under control and needs to see more effort to reform the economy.
-
Top European banks are expected to show earnings from investment banking bounced back strongly at the start of this year but a grim economic backdrop and regulatory reforms remain a drag on their wider businesses.
-
In an interview to CNBC-TV18, Herald Van Der Linde, the MD, Global Research, Asia-Pacific, HSBC gives his reaction to the ECB's cheap liquidity injection to 800 European banks and how he sees global markets playing out hereon.
-
All attention is on the second LTRO expected from the European banks that will bring with it a tide of fresh liquidity into the system. Trevor Williams, chief economist, Lloyds TSB spoke to CNBC-TV18 about his expectations.
-
Post the EU Leaders Summit, European markets are flat as investor sentiment remains confused. According to Robert Parker of Credit Suisse Asset Management, investors are going to wait until Monday to assess the final statements coming out of the Summit.
-
There is still time for European leaders to avert disaster in the euro zone, with optimism growing in the markets ahead of Friday's key summit, analysts and investors told CNBC Thursday.
-
Christopher Palmer from Henderson Global Investors joins CNBC-TV18 in a discussion to figure if the rally in market seen post the coordinated action of Central Banks is long-lasting one or if it was a one-day wonder.
-
Stocks in Asia surged on Thursday, after the coordinated action by global central banks to provide cheaper dollar funding to European banks spurred massive gains on Wall Street.
-
US stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.
-
Hyun Song Shin delivered the Mundell-Fleming lecture at the IMF Annual Research Conference earlier this month. This very interesting lecture argues that European banks essentially constitute the US shadow banking system.
-
The US Dollar Index was broadly under pressure on account of overall optimism over the solution to the European debt crisis. Better recovery from the United States too was favourable for high-yielding currencies.
-
The head of Europe's 440 billion euro bailout fund played down hopes of a quick deal with China to throw its support behind efforts to resolve the bloc's debt crisis but said he expects Beijing to continue to buy bonds issued by the fund.
-
Eurozone leaders and banks are close to reaching a deal on a 50%writedown for private bondholders on their Greek debt, an EU source said on Thursday.
-
EU finance ministers outlined a deal on Saturday for recapitalising European banks, and the leaders of Germany and France said they hoped for a breakthrough in tackling the eurozone debt crisis at a summit on Wednesday.
-
The Indian rupee advanced by 12 paise to Rs 49.03 per US dollar in early trade today on continued selling of the American currency by banks and exporters on the back of dollar weakness in overseas markets.
