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  • Barclays CEO: Negative rates are not helpful

    Barclays CEO Jes Staley speaks with CNBC's Kayla Tausche about the Bank of England's policy moves and the central bank's stance on negative rates.

  • President and CEO Chuck Magro of Agrium addresses shareholders during the company's annual general meeting in Calgary, Alberta, May 6, 2015.

    2016 has been a banner year for boutique banks, but they all got shut out of Monday morning's mega-merger.

  • Sept 12- Wall Street was lower on Monday, dragged down by financial companies, as Federal Reserve officials did little to calm investors nervous about an interest rate hike as early as next week. The latest was Atlanta Fed Bank President Dennis Lockhart who said on Monday a "serious discussion" was warranted. The biggest Wall Street banks were down between 0.7 and...

  • Barclays CEO: Brexit is a reality, and we'll embrace it

    Barclays CEO Jes Staley speask with CNBC's Kayla Tausche about the effect of Brexit on the bank's pending deals and how it is impacting the whole business

  • Lael Brainard

    Fed officials will have to keep quiet on policy after Monday, but investors could get plenty to stew over before the day is through.

  • TOKYO/ HONG KONG/ LONDON, Sept 12- A sudden surge in government borrowing rates across the world has jarred global markets, reflecting mounting investor anxiety that central banks have run out of both tools and ideas to stimulate economies on their own. Eight years after the credit bust and banking crash forced them to flood the world with cheap cash to refloat the...

  • ATLANTA, Sept 12- Current economic conditions warrant a "serious discussion" of whether to raise interest rates at next week's Fed meeting, Atlanta Federal Reserve Bank president Dennis Lockhart said on Monday in remarks that may raise the likelihood of Fed action. "If 1.6 percent inflation and 4.9 percent unemployment were all you knew about the economy, would...

  • *U.S. to sell $24 bln 3- yr notes, $20 bln 10- yr notes. U.S. yields rose to two-month highs on Friday as assets from bonds to stocks were sold, a day after a less dovish European Central Bank President Mario Draghi disappointed investors by failing to specify any new stimulus measures. "Overall, central banks are not going to be as accommodative," said Justin Lederer, an...

  • Donald Trump

    In an interview Monday with CNBC, the Republican nominee again railed against the national debt surge under President Obama.

  • WASHINGTON, Sept 12- Republican presidential nominee Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from the Obama administration. "Well, it's staying at zero because she's obviously political and she's doing what Obama wants her to do," Trump told CNBC in a phone interview,...

  • ATLANTA, Sept 12- Current economic conditions warrant a "serious discussion" of whether to raise interest rates at next week's Fed meeting, Atlanta Federal Reserve Bank president Dennis Lockhart said on Monday in remarks that may raise the likelihood of Fed action. Lockhart said in a morning address at the National Association of Business Economists. "

  • WASHINGTON, Sept 12- Republican presidential nominee Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from the Obama administration. "Well, it's staying at zero because she's obviously political and she's doing what Obama wants her to do," Trump told CNBC in a phone interview.

  • FEDERAL RESERVE KEEPING INTEREST RATES LOW BECAUSE OF POLITICAL PRESSURE FROM OBAMA ADMINISTRATION.

  • LONDON, Sept 12- Bank of England deputy governor Minouche Shafik will step down at the end of February 2017 to become director of the London School of Economics, the central bank said on Monday. Shafik, 54, has stuck close to the consensus on monetary policy since she joined the BoE from the International Monetary Fund in August 2014, and had been due to serve until...

  • LONDON, Sept 12- The safe-haven yen strengthened on Monday as investors sold stocks and riskier assets including commodities, but the dollar outperformed higher-yielding currencies on fresh talk of an interest rate hike by the Federal Reserve in the near term. The focus will be on Fed Governor Lael Brainard's speech later in the day. The dollar was 0.6 percent...

  • SHANGHAI, Sept 12- Reports that the Chinese central bank had relied upon foreign exchange sales by state-owned banks to stabilize the yuan on Monday morning are not factual, the People's Bank of China said in an emailed statement. Reuters and other news outlets had cited traders saying that state-owned banks were offering dollars on behalf of the PBOC to pull...

  • Neel Kashkari

    The best route to faster U.S. economic growth is through non-monetary policy approaches such as immigration and tax reform, a top Fed official argued.

  • BEIJING, Sept 12- China's central bank said on Monday it will crack down on illegal trading of bank card information. Theft of bank card information and other illegal activities pose a serious threat to the safety of the financial system, according to a notice issued by six government agencies, including the Ministry of Public Security and the China Banking...

  • The dollar rallied on Friday, hitting a one-week high of $1.3239 against sterling, as bets that U.S. rates will rise this year- perhaps as soon as this month- were revived by hawkish comments from Boston Fed President Eric Rosengren. The pound had been on a winning streak up until last Tuesday, hitting a seven-week high of $1.3445 that left it more than 5 percent up...

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