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  • CANBERRA- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth Slump: Causes and Consequences" before the Economic Association of Australia Eminent Speaker Series 2017- 0730 GMT. MOLDOVA- National Bank of Moldova announces interest rate decision. TUESDAY, JULY 4 SYDNEY- Reserve Bank of Australia holds monetary policy...

  • SINTRA, Portugal- European Central Bank President Mario Draghi participates in Policy Panel at the ECB Forum on Central Banking in Sintra, Portugal- 1430 GMT. SINTRA, Portugal- European Central Bank Executive Board Member Vitor Constancio is chairing a Panel "Business cycles, growth and macroeconomic policy" at the ECB Forum on Central Banking in Sintra,...

  • SINTRA, Portugal- European Central Bank President Mario Draghi participates in Policy Panel at the ECB Forum on Central Banking in Sintra, Portugal- 1430 GMT. SINTRA, Portugal- European Central Bank Executive Board Member Vitor Constancio is chairing a Panel "Business cycles, growth and macroeconomic policy" at the ECB Forum on Central Banking in Sintra,...

  • Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

    Fed Chair Janet Yellen said on Tuesday that banks are stronger due to better oversight and higher capital levels.

  • We're starting to worry about consequences for financial stability: Allianz

    CNBC's Mike Santoli talks to Mohamed El-Erian, Allianz, and Rob Cox, Reuters Breaking Views, about the market winners and losers at the closing bell.

  • Yellen: Brexit causing uncertainty

    CNBC's Ylan Mui reports on Fed Chair Janet Yellen's conference in London.

  • Fed Chair Janet Yellen: No comment on Trump, good relationship with Treasury's Mnuchin

    At the British Academy in London, Federal Reserve Chair Janet Yellen speaks about her relationship with the Trump administration.

  • Fed Chair Janet Yellen: Major banks are very much stronger this year

    At the British Academy in London, Federal Reserve Chair Janet Yellen speaks about the capital positions of major banks at the moment.

  • TORONTO, June 27- Royal Bank of Canada on Tuesday agreed to pay C $21.8 million in compensation to clients who were charged excess fees for mutual fund products and fee-based accounts. Canada's biggest lender agreed to make the payments as part of a settlement with the Ontario Securities Commission, the country's biggest securities regulator.

  • June 27- Investors are bidding up U.S. stocks on bets that lower taxes under the Trump administration will boost corporate profits, but they may be getting overly complacent about risks, a U.S. central banker said in an interview. "The stock market seems to be running pretty much on fumes," San Francisco Federal Reserve Bank President John Williams said in an...

  • *Italy set to rescue Monte dei Paschi, liquidate two ailing banks. MILAN, June 27- One of the first things Andrea Ricci did when he was promoted to head the new problem loan division at Italy's Banca Nazionale del Lavoro this year was to launch a recruitment campaign. Instead of the lawyers that have traditionally dominated loan recovery, Ricci hired as his No.2 a...

  • A woman passes a Wells Fargo sign.

    Wells Fargo said it agreed to sell its commercial insurance business.

  • *Yellen, Harker due to speak in London on Tuesday. LONDON, June 27- Gold rose on Tuesday after hitting a six-week low in the previous session as bargain hunting set in and the dollar slid sharply before speeches by U.S. "If yesterday gold wasn't able to push below the 200- day moving average that's a positive sign," said ABN Amro analyst Georgette Boele.

  • June 27- Wells Fargo& Co said on Tuesday it agreed to sell its commercial insurance business to private insurer USI Insurance Services, as the third-largest U.S. bank plans to focus on core banking products and services. Wells Fargo has doubled its cost-cutting target after expenses soared in the aftermath of the scandal. Wells Fargo plans to reduce expenses by...

  • LONDON, June 27- The Bank of England tightened its controls on bank credit to more normal levels on Tuesday, deciding the risk had passed of a big hit to the economy and to lending after last year's Brexit vote. The BoE's Financial Policy Committee said British banks must now hold 5.7 billion pounds between them as an additonal buffer against bad times, and that it...

  • COPENHAGEN, June 27- Shipping company A.P. Russia's top oil producer Rosneft said on Tuesday its servers had been hit been a large-scale cyber attack, but its oil production was unaffected. Ukraine's central bank also said a number of Ukrainian commercial banks and state and private companies had been hit by cyber attacks via an "unknown virus".

  • COPENHAGEN, June 27- Shipping company A.P. Russia's top oil producer Rosneft said on Tuesday its servers had been hit been a large-scale cyber attack, but its oil production was unaffected. Ukraine's central bank also said a number of Ukrainian commercial banks and state and private companies had been hit by cyber attacks via an "unknown virus".

  • COPENHAGEN, June 27- Shipping company A.P. Russia's top oil producer Rosneft said on Tuesday its servers had been hit been a large-scale cyber attack, but its oil production was unaffected. Ukraine's central bank also said a number of Ukrainian commercial banks and state and private companies had been hit by cyber attacks via an "unknown virus."

  • COPENHAGEN, June 27- Shipping company A.P. Russia's top oil producer Rosneft said on Tuesday its servers had been hit been a large-scale cyber attack, but its oil production was unaffected. Ukraine's central bank also said a number of Ukrainian commercial banks and state and private companies had been hit by cyber attacks via an "unknown virus."

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