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  • We are assessing the outcomes of Brexit: VTB Capital CEO

    Alexei Yakovitsky, global CEO at VTB Capital, discusses the U.K. economy post-Brexit and whether or not the bank will reduce headcount in London.

  • TOKYO, Oct 12- Japan Bank for International Cooperation, a major backer of mining and energy projects for Japanese companies, said it will be cautious on lending to the resources sector despite a rally in commodity prices this year. The development bank lends to projects from shale oil and gas developments in the United States to solar farms in Jordan and has more...

  • Deutsche Bank pays more to borrow from other banks than its peers including stragglers in Greece and Italy, Euribor data showed.

  • *Spot gold was steady at $1,253.20 an ounce by 0052 GMT. Federal Reserve should engineer monetary policy to spur inflation to rise above its two-percent target because the costs of doing so are less than in past decades, Chicago Federal Reserve Bank President Charles Evans said on Tuesday. *Bank of England policymaker Michael Saunders said on Tuesday he would...

  • ALBANY, United States- Federal Reserve Bank of New York President William C. Dudley conducts an open-press fireside chat with the Business Council of New York State- 1200 GMT. BRUSSELS- Participation by European Central Bank Board member Benoit Coeure in a public exchange of views with Members of the Financial Assistance Working Group of the ECON Committee to...

  • JP Morgan and Chase company building

    Citigroup, JPMorgan Chase and Wells Fargo are all expected to report earnings before the market open on Friday.

  • Market's most important trend

    Chris Verrone, Strategas Research Partners, goes to the charts to discuss bonds and banks. The "Fast Money" traders weigh in.

  • Wells' management shuffle

    Emily Jane Fox, Vanity Fair, discusses Wells Fargo's plans to change management, and the outlook of the company following this move.

  • NEW YORK, Oct 11- The dollar surged to a seven-month high against a major currency basket on Tuesday, as investors increased bets the Federal Reserve would raise interest rates in December following a round of generally solid U.S. economic data over the last few weeks. Sterling continued its downward trek following a "flash crash" last Friday, with investors...

  • Fed Chair Janet Yellen

    Investors will get a peek behind the curtain Wednesday at a Federal Reserve that's suddenly divided and closer to a rate hike than it has been all year.

  • WASHINGTON, Oct 11- U.S. consumer protection regulators ordered the Navy Federal Credit Union on Tuesday to pay $28.5 million in restitution and fines to settle civil charges alleging it made "false threats" about debt collection to its members. The Navy Federal Credit Union, which settled the charges without admitting or denying wrongdoing, is the largest...

  • PRETORIA, Oct 11- South African prosecutors ordered Finance Minister Pravin Gordhan on Tuesday to appear in court on Nov. 2 to hear fraud charges against him, news that sent the rand and share prices reeling. The banking index fell as much as 5.12 percent, wiping 46.3 billion rand off the market capitalisation of South Africa's six biggest banks.

  • WASHINGTON, Oct 11- U.S. consumer protection regulators ordered the Navy Federal Credit Union on Tuesday to pay $28.5 million in restitution and fines to settle civil charges alleging it made "false threats" about debt collection to its members. The Consumer Financial Protection Bureau also said the credit union, which serves many active-duty and retired...

  • PRETORIA, Oct 11- South African prosecutors on Tuesday ordered Finance Minister Pravin Gordhan to appear in court on Nov. 2 to hear fraud charges against him, news that sent the rand and share prices reeling. The banking index fell as much as 5.12 percent, wiping 46.3 billion rand off the market capitalisation of South Africa's six biggest banks.

  • LONDON, Oct 11- Global regulators will give banks time to adjust to potential increases in capital requirements when tougher accounting rules are introduced in 2018.. New accounting rules from January 2018 will require lenders to account for some or all provisions upfront, well before a loan is effectively in default as under the current system.

  • NEW YORK, Oct 11- The dollar hit an 11- week high on Tuesday as investors increased bets that the Federal Reserve would raise interest rates in December following a round of generally solid U.S. economic data over the last few weeks. Sterling continued its downward trek following a "flash crash" event last Friday, with investors concerned about the impact of a "hard...

  • Senior executives from European divisions of some of the world's biggest financial institutions told a conference in London they felt the government's tougher rhetoric on immigration risked harming the economy. Rob Rooney, CEO of Morgan Stanley international, said his bank would also have to move parts of their operations from London if Britain were shut...

  • Lloyds Banking Group has partnered with a U.S. AI start-up Pindrop to use its technology to detect fraudulent phone calls.

  • *France's Sapin considers 5- percent hike as red line. LUXEMBOURG, Oct 11- European Union countries were at odds on Tuesday over a global reform of banking rules with divergent views about a cap on increases in banks' capital buffers that might result from the review. Reacting to France's push for a 5- percent limit, he said: "I haven't heard it.

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