News about 'banks'

ECB eyes supervisor role to squeeze weak banks

ECB eyes supervisor role to squeeze weak banks

May 17th, 2013 - 08:30h (CET +01.00)

By John O'Donnell BRUSSELS (Reuters) - The European Central Bank could use its new supervisory role from next year to single out weak banks and make it harder for them to get its financial support, people familiar with the matter say. Such a har... [Full Article]

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UK banks avoid investigation by competition authority

UK banks avoid investigation by competition authority

May 15th, 2013 - 13:00h (CET +01.00)

By Matt Scuffham LONDON (Reuters) - Britain's biggest banks were spared a full-blown inquiry into the personal current account market after the consumer watchdog said changes already being implemented could stimulate competition in the industry.... [Full Article]

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Wall Street jumps as banks lead indexes to new highs

Wall Street jumps as banks lead indexes to new highs

May 14th, 2013 - 22:50h (CET +01.00)

By Leah Schnurr NEW YORK (Reuters) - U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further. Gains were broad, but growth ... [Full Article]

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FBI says more cooperation with banks key to probe of cyber attacks

FBI says more cooperation with banks key to probe of cyber attacks

May 13th, 2013 - 21:50h (CET +01.00)

By Joseph Menn WASHINGTON (Reuters) - The FBI last month gave temporary security clearances to scores of U.S. bank executives to brief them on the investigation into the cyber attacks that have repeatedly disrupted online banking websites for most of... [Full Article]

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For banks in cyber heist, how to get their money back?

For banks in cyber heist, how to get their money back?

May 12th, 2013 - 14:30h (CET +01.00)

By Joseph Ax NEW YORK (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal exper... [Full Article]

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Exclusive: SoftBank asks banks not to finance Dish's Sprint bid

Exclusive: SoftBank asks banks not to finance Dish's Sprint bid

May 11th, 2013 - 03:10h (CET +01.00)

By Soyoung Kim and Olivia Oran NEW YORK (Reuters) - SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp. The Japanese telecom company, which owns 33 ... [Full Article]

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Exclusive: Softbank asks banks not to finance Dish's Sprint bid - sources

Exclusive: Softbank asks banks not to finance Dish's Sprint bid - sources

May 10th, 2013 - 23:20h (CET +01.00)

(Reuters) - SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying doing so could hurt their chances of gaining a coveted role in the highly anticipated public offering of Alibaba Group... [Full Article]

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World shares near 5-year high as data, central banks support

World shares near 5-year high as data, central banks support

May 7th, 2013 - 18:20h (CET +01.00)

NEW YORK (Reuters) - World stock indices hit their highest levels in almost five years on Tuesday, with the German benchmark joining the S&P 500 at a record high after unexpectedly strong data amid signs top central banks will remain supportive o... [Full Article]

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BofA leads banks up; S&P 500 index ekes out gain

BofA leads banks up; S&P 500 index ekes out gain

May 6th, 2013 - 22:50h (CET +01.00)

NEW YORK (AP) - Bank of America led a rally in big-bank stocks in mostly quiet trading on Monday. Stock indexes ended little changed following a record-setting run last week. (Source: Associated Press)... [Full Article]

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Facebook and banks ask U.S. judge to throw out IPO lawsuit

Facebook and banks ask U.S. judge to throw out IPO lawsuit

May 1st, 2013 - 15:50h (CET +01.00)

(Reuters) - Facebook Inc, its Chief Executive Mark Zuckerberg and dozens of banks asked a federal judge to throw out a lawsuit accusing the social media company of misleading investors about its financial condition before its $16 billion initial publ... [Full Article]

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