Kelly King: Banking on a Recovery
Airtime: Wed. Sept. 15 2010 | 6:05 AM ET
BB&T is one of the three big regionals that remained profitable during the financial crisis. Kelly King, the bank’s CEO, said its conservatism helped it avoid problems.
Airtime: Wed. Sept. 15 2010 | 6:05 AM ET
BB&T is one of the three big regionals that remained profitable during the financial crisis. Kelly King, the bank’s CEO, said its conservatism helped it avoid problems.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
A look into what the titans of Wall Street are buying, with CNBC’s Tyler Mathisen.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt
There are over 210 million people unemployed across the globe which is an increase of 30 million since 2007, Juan Somavia, director general of the ILO, told CNBC.
On the back of reports Beijing has orderd banks to charge higher mortgage rates for first time home buyers, Richard Barkham, group research director at Grosvenor and Michael Kurtz, head of regional strategy at Macquarie Securities, discuss why the incentives to invest in Chinese real estate still remain strong.
UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.