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  • American businesses need the Export-Import Bank Monday, 27 Jul 2015 | 10:45 AM ET
    Fred Hochberg and Penny Pritzker

    The Commerce Secretary and head of the Export-Important Bank urge Congress to put U.S. businesses first and reauthorize the bank.

  • July 27- The China Securities Financial Corporation has returned ahead of schedule some of the funds it borrowed from commercial banks to stabilise the stock market, three people in the banking industry with direct knowledge told Reuters. News of the move helps explain why Chinese stock markets fell sharply again late on Monday- marking their worst...

  • SHANGHAI, July 27- The China Securities Financial Corporation returned some of the funds it borrowed from commercial banks intended to stabilise the stock market ahead of schedule, three people in the banking industry with direct knowledge told Reuters. The news comes after Chinese markets posted their worst performance since 2007 on Monday, as investors...

  • Opus Bank posts 2Q profit Monday, 27 Jul 2015 | 7:09 AM ET

    IRVINE, Calif. _ Opus Bank on Monday reported second-quarter earnings of $17.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Opus Bank shares have increased 33 percent since the beginning of the year.

  • Time to buy banks? Monday, 27 Jul 2015 | 5:30 AM ET
    Time to buy banks?

    Chris Wheeler, U.S. banks analyst at Atlantic Equities, discusses which banks have high exposure to volatile China.

  • FRANKFURT, July 27- Bank lending across the euro zone improved further in June as home buyers dashed for cheap loans and brushed off uncertainty over Greece, European Central Bank data showed on Monday. The latest data suggests consumers have largely ignored political troubles in Greece, which had closed down its banks and came close to falling out of the...

  • There's no competition in high street forex: CEO Monday, 27 Jul 2015 | 3:50 AM ET
    There's no competition in high street forex: CEO

    Kristo Käärmann, CEO and co-founder at Transferwise, talks about the fees banks charge for foreign currency and explains how his company reduces these costs.

  • SYDNEY/ HONG KONG, July 27- Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Financial spreadbetters expected Britain's FTSE 100 0.3 percent lower, Germany's to open 0.4 percent down, and...

  • UBS CEO: Why we released our results early Monday, 27 Jul 2015 | 1:30 AM ET
    UBS CEO: Why we released our results early

    Sergio Ermotti, CEO of UBS, discusses the company's decision to publish its earnings early following a report in a Swiss newspaper.

  • DBS CEO: Happy with Q2 results Monday, 27 Jul 2015 | 12:33 AM ET
    DBS CEO: Happy with Q2 earnings

    Piyush Gupta, CEO of DBS, attributes the upbeat second-quarter results to factors such as higher interest rates margin. He later explains why Asia's economic challenges have been "over-exaggerated."

  • UBS Group CEO, Sergio Ermotti

    Swiss lender UBS saw its profits soar over 50 percent in the second quarter compared to last year, after the bank reported earnings a day early.

  • SHANGHAI, July 27- China's yuan was flat against the dollar on Monday after the central bank set the official guidance rate almost unchanged, sending a message that monetary authorities wish to see the currency steady for the moment, traders said. The People's Bank of China set the midpoint rate at 6.1176 per dollar prior to market open, effectively flat at 0.01...

  • Here's the downside in DBS' earnings report Sunday, 26 Jul 2015 | 10:25 PM ET
    Here's the downside in DBS' earnings report

    DBS Group's warning of uncertainty in the second-half eclipsed the announcement of better-than-expected second-quarter earnings, says Stuart Leckie, chairman of Stirling Finance.

  • Singapore's unlawful money fight faces challenges Sunday, 26 Jul 2015 | 11:04 PM ET
    Singapore's downtown central financial district.

    Singapore's fight to stem illicit funds has led to the quandary of finding enough qualified compliance specialists to check that the inflows are clean.

  • TOKYO, July 27- The dollar flagged against the euro and yen on Monday after a drop in U.S. shares and bond yields dimmed its allure, with markets focused on whether the upcoming Federal Reserve policy meeting can shore up the greenback. The euro rose 0.2 percent to $1.1000, having gained about 1.4 percent last week. The more obvious impact from lower commodity prices...

  • SYDNEY, July 27- Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Japan's Nikkei slipped 0.5 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.8 percent.

  • MANILA, July 27- Gold fell for a third session on Monday, trading not far above its lowest level since early 2010, with expectations of further losses in the metal as the Federal Reserve moves closer to raising interest rates. *Bullion lost more than 3 percent last week following a rout, accompanied by big volumes in New York and Shanghai that began on Monday and...

  • *Most Asian stock markets lower tracking Wall St. SYDNEY, July 27- Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Japan's Nikkei slipped 0.8 percent in early trade, while MSCI's broadest...

  • TOKYO, July 27- The dollar was subdued against the euro and yen on Monday after a drop in U.S. shares and bond yields dimmed its allure, with markets focused on whether the upcoming Federal Reserve policy meeting can lift the greenback. The euro was little changed at $1.0972, having gained about 1.4 percent last week. Marc Chandler, global head of currency strategy at...

  • DBS Group, Singapore's biggest bank, on Monday posted a better-than-expected 15 percent rise in second-quarter net profit.

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