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  • BEIJING, Feb 25- China has granted six large domestic banks quotas to issue asset-backed securities with non-performing loans as underlying assets, two sources with direct knowledge told Reuters. The six banks are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp, Agricultural Bank of China Ltd, Bank of China Ltd, Bank of Communications...

  • LONDON, Feb 25- Gains in European equities helped to steady currency markets on Thursday as sterling edged up from lows and the dollar trod water, with traders looking to Federal Reserve speakers later in the day for fresh direction on the U.S. rates outlook. A 6 percent fall in Shanghai's stock market did not carry over into Europe, where shares rebounded in early...

  • DUBAI, Feb 25- The government of Oman is in talks with banks about a sovereign dollar bond issue, sources aware of the matter said on Thursday, as the Gulf nation looks to tap international bond markets to shore up state finances pressured by low energy prices. With smaller oil and gas reserves than its wealthy Gulf neighbours and a higher cost of production, Oman is...

  • *Pressures greatest in Bahrain, Oman, much less in UAE. *Lack of data in Bahrain adds to jitters. DUBAI, Feb 25- U.S. dollars are becoming more difficult and expensive to obtain in Gulf money markets since Standard& Poor's sharply downgraded the sovereign credit ratings of three of the region's oil exporters last week, bankers say.

  • Central bankers are in a bind: PineBridge head

    Steven Oh, global head of credit and fixed income at PineBridge, discusses market liquidity problems and the limits of monetary policy.

  • KAGOSHIMA, Japan, Feb 25- Bank of Japan board member Takahide Kiuchi said the central bank may have exhausted steps to spur inflation and warned that the adoption of negative rates could bring more risks than rewards, highlighting a growing rift within the BOJ's board over the conduct of monetary policy. His remarks contrast with BOJ Governor Haruhiko Kuroda's...

  • SHANGHAI, Feb 25- China's yuan was flat against the dollar on Thursday as traders grew cautious ahead of a G20 meeting in Shanghai which is expected to discuss volatile currency and equity markets and signs of economic weakness throughout the world. The People's Bank of China set the midpoint rate at 6.5318 per dollar prior to the market open, weakening it for a...

  • DUBAI, Feb 25- Bank Muscat, Oman's largest lender by market value, is opening a representative office in Iran, the bank said on Thursday, underlining rapid growth in business ties between the countries after the lifting of sanctions on Tehran. The announcement appears to make Bank Muscat one of the first foreign financial firms to establish a presence in Iran...

  • U.S. shares are still in a bull market, despite recent volatility, Alan Robinson, global portfolio manager at RBC Wealth Management, told CNBC.

  • Goldman Sachs

    The move by Tim Leissner had been widely tipped after he moved to Los Angeles at the end of 2015, The Financial Times reports.

  • *BOJ didn't need to ease in January-Kiuchi. KAGOSHIMA, Japan, Feb 25- Bank of Japan board member Takahide Kiuchi said negative interest rates could destabilise Japan's financial system by squeezing banks' margins, underscoring worries among some policy makers of the risks of last month's radical decision. "The demerits of negative rates is that it could...

  • NEW YORK- Federal Reserve Bank of San Francisco President John Williams speaks on the economic outlook before an event hosted by the New York University Stern School of Business- 1700 GMT. ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks before the 2016 Banking Outlook Conference hosted by the Federal...

  • TORONTO, Feb 24- Canada's main stock index fell to a one-week low on Wednesday as weaker-than-expected bank earnings dragged down financial stocks, but higher crude oil prices helped pare some of the losses, providing support for energy stocks. RBC, Canada's second-largest lender by assets, was hurt by weakness in its insurance and capital markets businesses,...

  • Fed single largest issue for banks: Pro

    Gerard Cassidy, RBC Capital Markets, joins Fast Money to discuss big banks exposure to energy and the Feds impact on the banks.

  • DALLAS, Feb 24- Dallas Federal Reserve President Robert Kaplan said on Wednesday that his more downbeat assessment of the U.S. central bank's path of rate hikes will be reflected at the next policy meeting in March. You'll see some change, "he told reporters following an event in Dallas, referring to the Fed's economic projections that each policymaker...

  • LONDON, Feb 24- European Union banks will be tested on their ability to raise funds in thin bond markets in a shrinking economy hit by tumbling commodities and property prices, the bloc's banking watchdog said on Wednesday. The European Banking Authority's latest health check, the results of which will be published in the third quarter, will spare lenders from...

  • LISBON, Feb 24- Portugal's Novo Banco said on Wednesday it does not expect a turnaround until 2018, after new provisions for risky assets at the state-rescued lender turned a 2015 positive operating result into a 2015 net loss of 981 million euros. The results are a setback for Lisbon, which is desperately trying to sell the "good bank" successor to Banco Espirito...

  • LONDON, Feb 24- Standard Chartered's landmark attempt to claw back bonuses paid to staff deemed responsible for its current woes could be fraught with practical and legal difficulties, lawyers and investors said. Chief Executive Bill Winters said on Tuesday the bank could recover the bonuses of up to 150 senior staff, if they are found culpable of breaching...

  • Big banks racking up energy risk?

    Discussing energy debt exposure within the banking sector with Christopher Whalen, Senior Managing Director, Kroll Bond Rating Agency.

  • Traders work on the floor of the New York Stock Exchange.

    Talk of breaking up banks amid a beaten-up financials sector could create an attractive entry point for long-term returns, a consultancy group says.

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