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    At a time when money is cheap, the web retailer is partnering with Wells Fargo to sell student loans.

  • FRANKFURT, July 21- A state-funded backstop may be part of the solution to managing the significant problem of high levels of bad loans in the euro zone banking system, European Central Bank President Mario Draghi said on Thursday. Speaking at a news conference after the ECB held interest rates and its asset purchase programme unchanged, Draghi said falls in the...

  • LAGOS, July 21- Nigeria's naira fell to an all-time low on Thursday, crossing 300 to the dollar for the first time after the central bank last month lifted its peg on the currency to allow it to trade freely on the interbank market. The interbank market traded a total of $7.27 million. Banks had been quoting the dollar at 281 to 285 naira after the central bank lifted...

  • Mark Johnson, HSBC's global head of foreign exchange cash trading in London, exits the Brooklyn federal court in New York July 20, 2016.

    HSBC conducted its own investigation three years ago into a $3.5 billion currency trade that US prosecutors now believe was criminally fraudulent.

  • European banks do have profitability issues: Draghi

    Is there still a structural lack of confidence in the European banking sector? European Central Bank president, Mario Draghi tells CNBC what he thinks, with added comment on low growth rates.

  • Bank equity prices are of some significance for policymakers: Draghi

    European Central Bank president, Mario Draghi weighs in on what needs to be done when it comes to the banking sector, following its market performance post-Brexit.

  • European Central Bank president, Mario Draghi says Brexit didn't seem to have a major impact on inflation outlook, when discussing the Survey of Professional Forecasters (SPF).

  • Brexit has revived concerns that the European Central Bank will run out of bonds to buy for the QE programme. Its president, Mario Draghi discusses how the central bank is approaching these fears.

  • What can ECB president Mario Draghi say to strengthen confidence in the banking sector? Gertrude Tumpel-Gugerell, former ECB executive board member, weighs in.

  • How will the ECB deal with Brexit going forward?

    Former ECB executive board member, Gertrude Tumpel-Gugerell says it may be too early to assess the impact of Brexit, when talking about the ECB’s strategic moves going forward.

  • Is QE enough for the ECB?

    Antonio Garcia Pascual, chief European economist at Barclays, explains why the European Central Bank will eventually have to do a little bit more, in light of the Brexit vote.

  • Friedrich Heinemann, head of public finance department at ZEW, says Mario Draghi has a strong incentive to have a “wait-and-see” approach, especially in light of the surprise Brexit vote.

  • A woman walks past a Westpac bank advertisement in central Sydney, Australia.

    MasterCard said it had agreed to buy 92.4 percent of the VocaLink Holdings which operates payments platforms on behalf of UK payment schemes.

  • LAGOS, July 21- Nigeria's naira fell to an all-time low on Thursday, crossing 300 to the dollar for the first time after the central bank last month lifted its peg on the currency to allow it to trade freely on the interbank market. The interbank market had traded a total of $7.27 million. Commercial banks had been quoting to trade the dollar as low as 298.50 naira.

  • Headquartered in Pittsburgh, Pennsylvania, F.N.B. has about $20 billion in assets and 300 branches in Pennsylvania, Maryland, Ohio and West Virginia. It provides commercial and consumer banking and wealth management solutions led by its largest affiliate, First National Bank of Pennsylvania. Raleigh, North Carolina- based Yadkin serves over 130,000...

  • MILAN, July 21- The European Central Bank will examine on Thursday a plan by Monte dei Paschi to sell bad loans, three sources close to the matter said, as Italy's third-largest bank works to comply with a regulatory demand to strengthen its balance sheet. The stock has already lost 74 percent this year against a 50 percent drop for the sector in Italy.

  • By Balazs Koranyi and Francesco Canepa. FRANKFURT, July 21- The European Central Bank kept its interest rates and forward guidance unchanged as expected on Thursday but will likely use a news conference to address a growing list of obstacles that again threaten to derail its efforts to lift growth and inflation. Italy's bank troubles, Britain's decision to...

  • FRANKFURT, July 21- The European Central Bank left interest rates unchanged as expected on Thursday, holding them at record lows as it seeks to revive growth and inflation with cheap credit to the economy. It also said that its 80 billion euro per month asset purchase programme is intended to run until the end of March 2017, or beyond if necessary, and until the bank...

  • FRANKFURT, July 21- The European Central Bank left interest rates unchanged as expected on Thursday, holding them at record lows as it seeks to revive growth and inflation with cheap credit to the economy. It also said that its 80 billion euro per month asset purchase programme is intended to run until the end of March 2017, or beyond if necessary, and until the bank...

  • FRANKFURT, July 21- The European Central Bank left interest rates unchanged as expected on Thursday, holding them at record lows as it seeks to revive growth and inflation with cheap credit to the economy. It also said that its 80 billion euro per month asset purchase programme is intended to run until the end of March 2017, or beyond if necessary, and until the bank...

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