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  • Entities that want to become banks need FDIC approval since it provides deposit insurance. "That's a growth trajectory that the FDIC traditionally hasn't been comfortable with," Cagney said. FDIC spokesman David Barr declined to comment.

  • Entities that want to become banks need FDIC approval since it provides deposit insurance. "That's a growth trajectory that the FDIC traditionally hasn't been comfortable with," Cagney said. FDIC spokesman David Barr declined to comment.

  • *Wall Street mixed after Fed decision. NEW YORK, July 27- The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets mostly declined following the Federal Reserve's decision to leave interest rates unchanged. The Fed's statement was broadly constructive about the economy...

  • SAO PAULO, July 27- The Brazilian real and Bovespa stock index were stable on Wednesday, after a session in which traders were attentive to a meeting of U.S. Markets were mostly untroubled by news that Japan will announce a $265 billion stimulus package next week, ramping up pressure for the central bank to announce complementary monetary easing following a...

  • July 27- Wall Street ended lower on Wednesday after the Federal Reserve left interest rates unchanged but opened the door to a possible rate increase later this year. The Fed had not been expected to move interest rates at its two-day meeting, ended on Wednesday, but investors have been anxious for hints about when an increase might come in light of concerns about...

  • *Fed says near-term risks to economic outlook diminished. *Target interest rate still 0.25 percent to 0.50 percent. WASHINGTON, July 27- The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.

  • NEW YORK, July 27- Wall Street closed with a slight decline on Wednesday after the Federal Reserve left interest rates unchanged but opened the door to a rate hike later this year.

  • *Wall Street rebounds after Fed decision. NEW YORK, July 27- The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets rebounded following the Federal Reserve's decision to leave interest rates unchanged. The Fed's statement was broadly constructive about the economy and...

  • July 27- Wall Street rebounded from earlier lows on Wednesday after the Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year. The Fed was not expected to move interest rates at its two-day meeting, ended on Wednesday, but investors have been anxious for hints about when an increase might come...

  • *Fed says near-term risks to economic outlook diminished. *Target interest rate still 0.25 percent to 0.50 percent. WASHINGTON, July 27- The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.

  • NEW YORK, July 27- The Federal Reserve has bowed to political risks once already this year, deferring a possible interest rate hike in part due to Britain's European Union vote, and it may do so again as November's U.S. presidential election looms. While both Republicans and Democrats have criticized the Fed, Donald Trump's policies are likely to be more...

  • July 27- Wall Street cut losses on Wednesday after Federal Reserve left interest rates unchanged but opened the door to a resumption of monetary policy tightening this year. The Fed had not been expected to move interest rates at its two-day meeting but investors have been anxious for hints about when a hike might come following concerns about potential...

  • WASHINGTON— The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September. The Fed seemed to be referring in particular to Britain's vote last month to leave the European Union— a move that poses risks to the rest of Europe and to the global economy.

  • The FDIC issues federal bank licenses. "That's a growth trajectory that the FDIC traditionally hasn't been comfortable with," Cagney said. FDIC spokesman David Barr declined to comment.

  • The FDIC issues federal bank licenses. "That's a growth trajectory that the FDIC traditionally hasn't been comfortable with," Cagney said. FDIC spokesman David Barr declined to comment.

  • LONDON, July 27- British government bonds chalked up their strongest gains since the days following the country's Brexit vote as investors sought to buy fixed-income assets before central banks provide further stimulus for economies around the world. Federal Reserve would not cut rates later on Wednesday and bond purchases by the European Central Bank and...

  • SAO PAULO, July 27- Latin American currencies weakened on Wednesday as traders adopted a cautious stance ahead of a U.S. Markets were mostly unfazed by news that Japan will announce a $265 billion stimulus package next week, ramping up pressure for the central bank to announce complementary monetary easing following a meeting later this week.

  • *Wall Street falters as Apple shine fades; Fed statement awaited. NEW YORK, July 27- The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets pared early gains as investors awaited the end of two-day meeting of Federal Reserve policymakers. Wall Street opened higher,...

  • *Spain had more than 50 savings banks before crisis. ONTINYENT, Spain, July 27- The patient had made an appointment to see the surgeon at his consulting room in the local hospital, but when he arrived, he told Dr Antonio Carbonell he wasn't actually unwell. Out of more than 50 small savings banks in Spain, known as cajas, Ontinyent is one of only two that survived the...

  • *Bank health check results due at 2000 GMT on Friday. LONDON/ MILAN July 27- Italy's Monte dei Paschi is once again expected to be among the banks that fare worst in EU stress tests, a concern for investors across Europe who fear its frail finances could destabilise the region's banking system. The results of the 2016 health check for 51 lenders across the European...

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