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  • LONDON— In the streets of the City of London, the heart of Britain's global financial hub, it's difficult to find someone who voted to leave the European Union. The CEO of bank HSBC, Stuart Gulliver, had said as early as February that 1,000 jobs would have to move to Paris to better serve clients on the mainland. Losing that freedom is a particular concern for the many...

  • Closing bank branches is politically sensitive, particularly in Europe, with a backlash in countries including France, Spain and Britain where opponents say remote areas or regions where people are less well off have been targeted. Lenders in Europe are already taking action. BIS figures in the report showed the number of bank branches per 100,000 adults in...

  • VIENNA, June 26- Major central banks will limit market turbulence as much as possible after Britain voted to leave the European Union, the head of the Bank for International Settlements said on Sunday. The BIS, a Switzerland- based forum of major central banks that is holding its annual general meeting this weekend, said on Saturday evening that central banks are...

  • ZURICH, June 25- Central banks are ready to cooperate to support financial stability in the wake of Britain's vote to leave the European Union, the Bank for International Settlements said on Saturday. Central bankers gathered at the organisation's global economy meeting in Switzerland discussed the implications of the referendum. "Governors endorsed the...

  • ZURICH, June 25- Central banks are ready to cooperate to support financial stability in the wake of Britain's vote to leave the European Union, the Bank for International Settlements said on Saturday. Central bankers gathered at the organisation's global economy meeting in Switzerland discussed the implications of the referendum. "Governors endorsed the...

  • ZURICH, June 25- Central banks are ready to cooperate to support financial stability in the wake of Britain's vote to leave the European Union, the Bank for International Settlements said on Saturday. Central bankers gathered at the organization's global economy meeting in Switzerland discussed the implications of the referendum. "Governors endorsed the...

  • ZURICH, June 25- Central banks are ready to cooperate to support financial stability in the wake of Britain's vote to leave the European Union, the Bank for International Settlements said on Saturday. Central bankers gathered at the organization's global economy meeting in Switzerland discussed the implications of the referendum. "Governors endorsed the...

  • BIS SAYS CENTRAL BANK GOVERNORS EMPHASISED PREPAREDNESS OF CENTRAL BANKS TO SUPPORT THE PROPER FUNCTIONING OF FINANCIAL MARKETS.

  • BANK FOR INTERNATIONAL SETTLEMENTS SAYS CENTRAL BANK GOVERNORS DISCUSSED BREXIT AT MEETING SATURDAY.

  • Federal Reserve Chair Janet Yellen, ECB President Mario Draghi, People's Bank of China Governor Zhou Xiaochuan, ECB board members Benoit Coeure and Peter Praet, Chile central bank Governor Rodrigo Vergara, Asian Development Bank Chief Economist Shang-Jin Wei and Bank of England Governor Mark Carney. SINTRA, Portugal- European Central Bank President Mario...

  • Brexit batters big banks

    CNBC's Kayla Tausche reports on how banks on both sides of the Atlantic are faring post-referendum and what they can expect going forward.

  • NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...

  • NEW YORK, June 24- Sterling edged off lows against the U.S. dollar on Friday, recovering slightly from a 10 percent plunge to its weakest in 31 years following Britain's vote to leave the European Union, on reassuring statements from central banks. Sterling was last down 8.1 percent against the dollar, at $1.3662, after touching its weakest since before the 1985...

  • NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...

  • Financial worst performer among S&P sectors

    The "FMHR" traders with Anastasia Amoroso, JPMorgan Funds VP and global market strategist, discuss the selloff in the markets with particular focus on the financial sector following the Brexit vote.

  • Fmr Lehman CFO: There's a way to get through this

    Erin Callan Montella, Former Lehman Brothers CFO, discusses the similarities between the current market and economic climate post-Brexit vote and the Lehman Brothers crisis.

  • WASHINGTON, June 24- Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions. Over the past 18 months the Fed has blinked more than once, and refrained from raising...

  • NEW YORK/ LONDON/ FRANKFURT, June 24- Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub. Even with those plans, huge uncertainties remain about when Britain will formally exit the EU, and what cities could replace London as New...

  • Banks brace for changes

    CNBC's Kayla Tausche reports on the Brexit effect on financial companies.

  • George Soros

    Bullish positions in gold and volatility and short bets on China and emerging markets were some of the trades that benefited hedge funds on Friday.

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