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  • *2016 net income down 3.2 pct at 3.9 bln eur. *SocGen says to float stake in ALD Automotive. PARIS, Feb 9- Societe Generale, France's second-biggest listed bank, said it would float a stake in its booming vehicle leasing unit ALD, as part of efforts to diversify further away from retail banking as low interest rates sap revenue at home.

  • *Bank has used liquidity moves to drive up borrowing costs. *Current stance "not a return" to daily policy shifts. ANKARA, Feb 9- Turkey's central bank will stick with unorthodox measures to keep borrowing costs at five-year highs at least until inflation peaks this year, according to people familiar with its thinking, despite sharp criticism from investors.

  • Societe Generale CEO Frédéric Oudéa says overall he believes the financial services group delivered very strong results, when breaking down details from the earnings report.

  • Societe Generale CEO Frédéric Oudéa discusses France's political environment, saying he believes most of the country will stay committed to Europe.

  • Profits could improve in medium term: Suncorp [PLEASE DO NOT UPLOAD]

    Michael Cameron, CEO of Suncorp, weighs in on the company's latest results.

  • Pedestrians at Commerzbank's headquarters in Frankfurt, Germany.

    Commerzbank reported flat revenues and earnings for the fourth quarter on Thursday, hit by the impact of low interest rates coupled with weak loan demand from German companies.

  • BUENOS AIRES/ SAO PAULO, Feb 9- When Argentina launched a tax amnesty program last year to bring billions of dollars back into the country, it found support from an unlikely corner: the banks whose clients had stashed money abroad. Some $400 billion in undeclared funds was being held outside Argentina, the economy was in recession and the government badly needed to...

  • Our argument is, look at what you are doing to Main Street retailers if you repeal, said Hannah Walker, director of government relations for the Food Marketing Institute, which represents grocers. The merchants, after years of gaining little ground in the courts, took the fight to Congress, where both sides say they support the little guy. The last round went to the...

  • PARIS, Feb 9- French bank Societe Generale said on Thursday it would float a stake in its vehicle leasing unit ALD, as part of efforts to diversify further away from retail banking as low interest rates sap revenue at home. SocGen, France's second-biggest listed bank, reported a smaller than expected earnings drop in the fourth quarter, as a lower cost of risk that...

  • Suncorp has been too cautious: Expert

    David Ellis of Morningstar Australasia weighs in on Suncorp's latest earning numbers.

  • SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the A50 Australian Economic Forum dinner. MEXICO CITY- Central Bank of Mexico monetary policy statement. MANILA- Philippines Central Bank monetary policy meeting.

  • BERLIN- German Chancellor Angela Merkel to meet European Central Bank President Mario Draghi. LONDON- Bank of England Governor Mark Carney to speak at the Bank of England Inclusion Reception- 1830 GMT. ST. LOUIS, United States- St.

  • A trader works on the floor of the New York Stock Exchange (NYSE).

    On CNBC's "Power Lunch," Charlie Bobrinskoy said investors have jumped into the financial sector on hopes of deregulation too fast.

  • Jes Staley, in 2013

    Banks are facing a different regulatory landscape, one that might not be so stringent under President Trump, the chief executive said.

  • MEXICO CITY, Feb 8- Top economists think Mexico's president may name a former Finance Ministry official close to his administration to replace Agustin Carstens as the head of the central bank, according to a Reuters poll. Alejandro Diaz de Leon, who just took a deputy governor post at the central bank in December, is the most likely choice for central bank governor,...

  • Savings bonds

    Discussing the current state of the markets with Jeff Saut, Raymond James; Keith Bliss, Cuttone & Co.; and CNBC’s Rick Santelli.

  • *Bank has used liquidity moves to drive up borrowing costs. *Current stance "not a return" to daily policy shifts. ANKARA, Feb 8- Turkey's central bank will stick with unorthodox measures to keep borrowing costs at five-year highs at least until inflation peaks this year, according to people familiar with its thinking, despite sharp criticism from investors.

  • Pulling lever

    Lee says Trump's efforts to loosen rules that govern business will create opportunities.

  • CARACAS, Feb 8- Venezuela's central bank is considering a repurchase agreement that would provide $1 billion from investment bank Nomura in exchange for bonds issued by state oil company PDVSA, according to a document and source familiar with the situation. The proposal is part of the crisis-hit OPEC nation's efforts to shore up its waning currency reserves...

  • CARACAS, Feb 8- Venezuela's central bank is considering a repurchase agreement that would provide $1 billion from investment bank Nomura in exchange for bonds issued by state oil company PDVSA, according to a document and source familiar with the situation. The proposal is part of the crisis-hit OPEC nation's efforts to shore up its waning currency reserves...

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