Reason Will Prevail And European Banks Still Look Reasonable

The European Commission has fined five banks a total of $1.2bln for rigging foreign exchange markets......»»

The European Commission has fined five banks a total of $1.2bln for rigging foreign exchange markets. Julian Satterthwaite reports......»»

Euro zone banks are turning away from cross-border activity, putting at risk the bloc's banking union and raising the risk of dangerous fragmentation, European Central Bank Vice President Luis de Guindos said on Thursday......»»

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market......»»

European Union regulators have fined five banks a total of more than 1 billion euros ($1.1 billion) for allegedly colluding in the trade of large sums of foreign currency......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Like the other lagging European investment banks (Deutsche and SocGen immediately spring to mind), UBS is resorting to the last resort of the embattled megabank CEO when shareholders are demanding higher profits 'or else'. After a decade where U.....»»

Last week we first noted that something unexpected has been going on in overnight funding markets: ever since March 20, the Effective Fed Funds rate has been trading above the IOER. This was unexpected for the simple reason that it is not .....»»

World shares took a step back on Wednesday as signals that China has put broader stimulus on hold offset positive results from Credit Suisse, which kicked off the earnings season for European investment banks......»»

European Union regulators are refusing to cut British-based banks any slack over bulking up in the bloc in preparation for Brexit, despite an extension to the process which some have taken as an opportunity to drag their feet......»»

World stocks retreated from earlier gains on Monday as underwhelming quarterly results from U.S. banks weighed on Wall Street, though progress in U.S.-China trade talks helped European stocks tread water......»»

Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries......»»

Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors' worries about the slowing global economy and trade protectionism......»»

Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as European and U.S. central banks reinforced investor worries about the global economic outlook and trade protectionism......»»

U.S. stock indexes opened with modest gains Wednesday as investors took an important reading of inflation, and updates from European and U.S. central banks. The Dow Jones Industrial Average rose 44 points.....»»

The longer the U.K.’s exit from the European Union gets dragged along, the more these transition costs for U.S companies will accumulate......»»

U.S. stock-index futures point to modest open gains on Wednesday as investors monitor an important reading of inflation, and updates from European and U.S. central banks......»»

U.S. stock-index futures point to modest open gains on Wednesday as investors brace for a trio of developments, including an important reading of inflation, and updates from European and U.S. central banks......»»

Authored by Jeffrey Snider via Alhambra Investment Partners, It isn’t just US or European banks which are shrinking. The nature of this post-August 9, 2007, world is just that – g.....»»

The central bank’s chief economist discussed a system of tiered deposit rates to help banks......»»