February 5, 2012
- China’s Central Huijin Investment Co.’s plans to cut the dividend payout ratio for three of its “Big Four” lenders, is a sign that Beijing is waking up to capital constraints facing the banking sector, Fraser Howie, Managing Director at CLSA Singapore, said.
- The European Banking Authority is to challenge a significant proportion of the capital restructuring plans put forward by the continent’s leading banks to meet tough new capital requirements, say three people familiar with the process. The FT reports.
- China's Central Huijin Investment Co, the state parent of the country's "Big Four" state banks, said it would cut the dividend payout ratio for three lenders to help relieve their capital strains.
February 4, 2012
- A U.S. law protecting whistleblowers at publicly traded companies does not cover employees of mutual funds, a federal appeals court ruled on Friday in a case involving two former Fidelity Investments employees.
February 3, 2012
- Weyerhaeuser is that rare company for which money does grow in trees, says Mad Money's Cramer, discussing the stock's recent run, and 2.8% yield, with Daniel Fulton, Weyerhaeuser Company CEO, adding "We are more optimistic this year as we head into 2012."
- The Facebook IPO is a terrific illustration of what Morgan Stanley is doing right, says Mad Money's Cramer, so if you can't wait to grab some shares in the IPO, buy MS instead, the lead underwriter on the deal, and a brokerage house that's making a fabulous comeback.
- Although financials are the top performers today, should you still buy Bank of America as it gets closwer to $8 a share? The Fast Money team discusses.
February 2, 2012
- The US indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes through secret offshore bank accounts.
- Michael Gayed, Chief Investment Strategist, Pension Partners, LLC and Jack Bouroudjian, CEO, Bull and Bear Partners discusses their outlook on the U.S. ahead of the non-farm payrolls number.
- Robert Albertson, Sandler O'Neill chief strategist, reesponds to Treasury Secretary Geithner's speech on financial reform, with CNBC's Steve Liesman.