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  • SAN FRANCISCO/ NEW YORK, Feb 1- Federal Reserve policymakers are putting markets on notice that the central bank's $4.5 trillion balance sheet is back on the agenda in an apparent effort to give investors time to prepare for changes rather than to signal any action is imminent. The central bank is expected to keep that line in its statement on Wednesday following...

  • SAN FRANCISCO/ NEW YORK, Feb 1- Federal Reserve policymakers are putting markets on notice that the central bank's $4.5 trillion balance sheet is back on the agenda in an apparent effort to give investors time to prepare for changes rather than to signal any action is imminent. The central bank is expected to keep that line in its statement on Wednesday following...

  • MUMBAI, Feb 1- India stuck to a previously planned injection of $1.5 billion for state-owned banks in the coming financial year, disappointing hopes for a broader recapitalisation and fueling concern that some may trim lending to keep afloat. In his budget speech on Wednesday, Finance Minister Arun Jaitley reiterated an earlier plan to put 100 billion rupees...

  • *Shares down 0.5 pct after negative Mexico forecast. MADRID, Feb 1- BBVA warned of a tougher business environment in Mexico this year while the Spanish bank's largest market adapts to the policies of U.S. Almost half the profits at Spain's second largest bank are from Mexico, which has offset recent weakness at home for BBVA.

  • FRANKFURT, Feb 1- If interest rates do not rise in coming years, German banks, already among the least profitable in Europe, will suffer a major margin contraction, the Bundesbank said on Wednesday in a paper co-authored by board member Andreas Dombret. Operating with the highest cost in the euro zone, Germany's 21 biggest banks earned a 2.13 percent return on...

  • LONDON, Feb 1- European shares rose on Wednesday, led by financials and industrials, as healthy corporate results from a slew of regional bluechips underpinned major benchmark indices. Swiss bank Julius Baer led the banking sector index higher, up 5.3 percent and the second top gainer in the STOXX, after Switzerland's third-largest listed bank posted net...

  • MADRID, Feb 1- BBVA outstripped forecasts for its fourth quarter profit on Wednesday, although a sharp drop in the peso in its largest market of Mexico and one-off charges for mis-sold Spanish mortgages meant a drop of nearly 30 percent. Mexico contributes almost half the profits at Spain's second largest bank and has offset weakness at home in recent years, but...

  • We've tripled number of bankers hired in 2016: Julius Baer CEO

    Julius Baer CEO Boris Collardi discusses his latest earnings data and how banks are reacting to new U.S. President Donald Trump.

  • SAN FRANCISCO/ NEW YORK, Feb 1- Federal Reserve policymakers are putting markets on notice that the central bank's $4.5 trillion balance sheet is back on the agenda in an apparent effort to give investors time to prepare for changes rather than to signal any action is imminent. The central bank is expected to keep that line in its statement on Wednesday following...

  • *Spot gold was little changed at $1,210.79 an ounce. Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies. *The comments intensified expectations that the new U.S. administration was making moves to...

  • SAO PAULO, Jan 31- The Brazilian real weakened on Tuesday after the central bank hinted it could allow some of currency swaps due in March to expire. The central bank currently holds $26.6 billion reals worth of currency swaps, which function like dollar sales to investors for future delivery, down from over $100 billion by late 2015. It halted the reduction of the...

  • BUENOS AIRES, Jan 31- Argentina's central bank kept its monetary policy rate unchanged at 24.75 percent for the ninth consecutive week on Tuesday, citing "mixed signals" for inflation in January but noting improvement in the second half of the month. Consumer prices rose about 40 percent in 2016 with the economy in recession. The central bank is targeting...

  • BRUSSELS, Jan 31- Germany sees no benefit in setting up a European' bad bank' to help ailing lenders in some EU countries to offload their soured loans, a German government official said on Tuesday, pouring cold water on a plan prepared by the EU banking agency. But Germany, the bloc's largest economy, did not share that view. But in Germany, only 2.6 percent of loans are...

  • LONDON, Jan 31- Global banks must plan for a "hard" Brexit or risk breaching regulatory requirements and disrupting business, according to an industry report seen by Reuters, the first since Prime Minister May said she would take Britain out of the single market. The findings offer stark reading on what lies ahead for banks as they attempt to devise strategies to...

  • NEW YORK, Jan 31- Most U.S. Federal Reserve is expected to keep interest rates unchanged when it concludes its meeting on Wednesday, in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies. "The Fed tomorrow will be interesting in gauging the near-term policy bias, but no-one's...

  • It could take EU banks up to five years to acclimatize to a new post-Brexit trading landscape, according to a report by AFME.

  • *GRAPHIC: Tourism in Turkey: http://tmsnrt.rs/2aMNSxo. ANKARA, Jan 31- Turkey's central bank signalled on Tuesday it would stick with its unorthodox steps to manage the fall in the lira, saying its moves to drive up funding costs were working and would continue until the inflation outlook improves. The central bank raised its main policy rate- the one-week repo...

  • *GRAPHIC: Tourism in Turkey: http://tmsnrt.rs/2aMNSxo. ANKARA, Jan 31- Turkey's central bank signaled on Tuesday it would stick with its unorthodox steps to manage the fall in the lira, saying its moves to drive up funding costs were working and would continue until the inflation outlook improves. The central bank raised its main policy rate- the one-week repo...

  • *Q3 net profit 24.42 bln rupees vs 21.7 bln rupees estimate. MUMBAI, Jan 31- ICICI Bank Ltd, India's No.2 lender by assets, said its third-quarter net profit fell 19 percent as bad loans rose, although the profit decline was smaller than expected. Net profit fell to 24.42 billion rupees for the three months to Dec. 31, from 30.18 billion rupees reported a year earlier, the...

  • MUMBAI, Jan 31- ICICI Bank Ltd, India's No.2 lender by assets, said its third-quarter net profit fell 19 percent as bad loans rose, although the profit decline was smaller than expected. Net profit fell to 24.42 billion rupees for the three months to Dec. 31, from 30.18 billion rupees reported a year earlier, the Mumbai- based lender said on Tuesday.

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