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  • *FX reserves fall by $40 bln in second quarter. BEIJING, July 14- China's banks made 1.28 trillion yuan in new loans in June, handily topping market expectations, while broad money supply growth quickened last month, thanks to the central bank loosening policy to support the slowing economy. The June loan data was announced a day before China unveils its...

  • Is it time to invest in US banks? Tuesday, 14 Jul 2015 | 1:30 AM ET
    Is it time to invest in US banks?

    Patrick Spencer, managing director of U.S. institutional equity sales at Baird, explains why investors are abandoning European bank stocks for their U.S. counterparts.

  • BEIJING, July 14- China's banks made 1.27 trillion yuan in new loans in June, according to Reuters calculations based on fresh central bank data, handily beating market expectations, while broad money supply growth quickened last month. "The lending and money supply figures are higher than market expectations, indicating recent government measures have...

  • Despite 'agreekment,' Athens is still in trouble Monday, 13 Jul 2015 | 10:31 PM ET
    Despite 'agreekment,' Athens is still in trouble

    John Calverley, Head, Global Thematic Research at Standard Chartered, warns of looming trouble in Greek politics.

  • New Greek deal is worse than last: JP Morgan Monday, 13 Jul 2015 | 8:15 PM ET
    New Greek deal is worse than last: JP Morgan

    Guillaume Chatain, Executive Director and Head of Equity Solutions at JP Morgan Private Bank, expects Athens to seek changes to Monday's bailout deal over the next couple of months.

  • This isn't the end of Greek drama: Expert Monday, 13 Jul 2015 | 7:32 PM ET
    This isn't the end of Greek drama: Expert

    Jason Brady, Head of Fixed Income & Managing Director at Thornburg Investment Management, doesn't expect the Greek citizens to willingly accept the new harsh measures outlined in the bailout deal.

  • 4 bank stocks to buy ahead of earnings Monday, 13 Jul 2015 | 6:47 PM ET
    JPMorgan Chase headquarters in New York.

    "Fast Money" traders discussed how to trade big bank stocks ahead of their quarterly earnings reports.

  • Citi could hit $60 in a heartbeat: Trader Monday, 13 Jul 2015 | 12:10 PM ET
    Citi could hit $60 in a heartbeat: Trader

    The FMHR traders provide their play on financials ahead of big bank earnings this week.

  • Feds: No single cause for 2014 bonds 'flash crash' Monday, 13 Jul 2015 | 11:30 AM ET
    US Treasury in Washington, DC.

    A joint U.S. officials staff report revealed that last year's bond market "flash crash" could not be attributed to a specific cause.

  • WASHINGTON, July 13- The rules for the Treasury market should be reviewed, U.S. regulators said on Monday, as they released a much-anticipated first study into wild price swings on Oct. 15 in that market, an event many have blamed on overly tight regulation. The Treasury Department, the Federal Reserve Board and the Federal Reserve Bank of New York, the Securities and...

  • *Emergency funding to stay as Greece readies reforms. However, the lawmakers are under pressure to act fast as the ECB, facing resistance from Germany, would be unlikely to extend the funding line next week if Greece misses a debt repayment due to the ECB on July 20. The lawmakers' support for tough reforms, agreed by leftist Prime Minister Alexis Tsipras on Monday...

  • Greek crisis: 'Agreekement' confirmed Monday, 13 Jul 2015 | 5:13 AM ET
    Greek Prime Minister Alexis Tsipras speaks with German Chancellor Angela Merkel (L) and French President Francois Hollande at a euro zone leaders summit in Brussels, Belgium, July 12, 2015.

    Twitter broke the news. After a record 17 hour-long emergency euro summit, a deal between Greece and the Eurogroup has been struck.

  • MOSCOW, July 13- Russia's second-largest bank VTB said on Monday it had received a licence granting it access to the Chinese interbank bond market. It said it received the licence at a ceremony on Friday, July 10. Russian President Vladimir Putin has championed a pivot to Asia as Western sanctions over the Ukraine crisis have damaged ties with Europe and the...

  • DUBAI, July 12- Japan's Bank of Tokyo-Mitsubishi UFJ said it had obtained permission from the Dubai Financial Services Authority to operate a so-called Islamic window, underlining growing Japanese interest in sharia-compliant banking. BTMU decided to take the step after Japan's Financial Services Agency changed its supervisory guidelines, the bank said...

  • ATHENS, July 10- Greece's banks will need an estimated 10 to 14 billion euros of fresh capital to keep them afloat and more time before they reopen even if a deal is reached with European creditors on Sunday, a senior Greek banker told Reuters on Friday. National Bank, Piraeus, Eurobank and Alpha, which account for about 95 percent of the industry, will likely need to be...

  • CLEVELAND, July 10- Federal Reserve chair Janet Yellen on Friday said she expects the Fed to raise interest rates at some point this year, but pointed strongly to her concerns that U.S. labor markets remain weak and that more workers could be encouraged back into the job market with stronger growth. In her speech Yellen gave no direct hint about whether she...

  • CLEVELAND, July 10- Federal Reserve chair Janet Yellen on Friday said she expects the Fed to raise interest rates at some point this year, but pointed strongly to her concerns that U.S. labor markets remain weak and that more workers could be encouraged back into the job market with stronger growth. "I expect it will be appropriate at some point later this year to...

  • GREEK BANKS EXPECT TO REOPEN BY END OF NEXT WEEK IF DEAL WITH CREDITORS AGREED ON SUNDAY- SENIOR BANKING SOURCE.

  • GREEK BANKS WILL NEED RECAPITALISATION OF ABOUT 10- 14 BLN EUROS EVEN IF DEAL AGREED WITH CREDITORS- SENIOR BANKING SOURCE.

  • GREEK BANKS HAVE REMAINING LIQUIDITY CUSHION OF ABOUT 750 MLN EUROS UNTIL MONDAY NIGHT- SENIOR BANKING SOURCE.

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