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  • Greeks turn to cash as bank crisis looms Friday, 19 Jun 2015 | 11:46 AM ET

    Below the quiet murmur of the tellers, there is little to suggest that Greece is facing a banking disaster that could force it out of the euro. But teller Costas Alafouzos says a steady stream of customers have been taking out their money as expectations have grown that Greece could be facing a decisive turning point after a crisis that has lasted more than five...

  • BOGOTA, June 19- Colombia's central bank will leave its benchmark interest rate unchanged at its meeting on Wednesday, with inflation higher than its target range and a deteriorating economic outlook, a Reuters poll of analysts showed on Friday. All 24 analysts surveyed expect the central bank to hold the rate at 4.5 percent for a 10th straight month, and most...

  • Putin: Russia OK despite sanctions Friday, 19 Jun 2015 | 10:01 AM ET
    Putin: Russia OK despite sanctions

    CNBC's Geoff Cutmore reports Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin spokes at the St. Petersburg International Economic Forum.

  • LONDON, June 19- Citigroup is planning to shift the head office of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements. This week the bank wrote to clients to say the UK- based business, Citibank International Limited, which operates a small number of branches across some 20 European countries, would be...

  • Putin: We are expanding our openness of Russia Friday, 19 Jun 2015 | 8:31 AM ET
    Putin: We are expanding our openness of Russia

    CNBC's Geoff Cutmore reports on comments by Putin and Tsipras as Greek Prime Minister Alexis Tsipras visits Russia to meet President Vladimir Putin at the St. Petersburg International Economic Forum.

  • Greek drama about to blow up? Friday, 19 Jun 2015 | 8:05 AM ET
    Greek drama about to blow up?

    Roger Altman, Evercore Partners founder and former Deputy Treasury Secretary, provides perspective on the crisis in Greece.

  • UPDATE 2-EU agrees rules to curb bank trading risks Friday, 19 Jun 2015 | 8:11 AM ET

    *Exemption for Britain's banks stands. LUXEMBOURG/ LONDON, June 19- EU finance ministers agreed a draft law to rein in trading risks at banks on Friday, including an exemption for Britain's lenders because they already face similar curbs. But discussions have been protracted as Britain, France and Germany have their own rules to stop risky trading getting out of...

  • *It's still not too late for deal- Germany. ATHENS, June 19- Greeks pulled more than 1 billion euros out of their banks in a single day, banking sources said on Friday, as the country edged closer to default despite assurances from Prime Minister Alexis Tsipras that the doomsayers are wrong. Germany, the biggest European contributor to the bailout programs that have...

  • ECB raises emergency funding cap for Greek banks Friday, 19 Jun 2015 | 8:02 AM ET
    ECB raises emergency funding cap for Greek banks

    The European Central Bank Governing Council made a decision on Greek bank funding, reports CNBC's Michelle Caruso-Cabrera.

  • LONDON, June 19- Euro zone money markets have in the past two months brought forward interest rate hike expectations by three years to 2018- a tightening in monetary conditions the European Central Bank could do without. While a rise in inflation expectations is one goal of the ECB's 1- trillion-euro bond-buying programme launched in March, further moves to...

  • ST PETERSBURG, Russia, June 19- Russia's second-largest bank, VTB, hopes to break even in 2015 if the central bank keeps lowering its key interest rate as the bank expects, VTB's chief financial officer said on Friday. VTB's Herbert Moos also told Reuters in an interview at the St Petersburg International Economic Forum that he saw the bank's 2015 cost of risk at...

  • Citigroup shifts European retail banking to Dublin Friday, 19 Jun 2015 | 6:51 AM ET
    Dublin, Ireland.

    Citigroup is planning to shift the headquarters of its European retail banking operation from London to benefit from lower costs.

  • $2B euros withdrawn from Greek banks: EU official Friday, 19 Jun 2015 | 6:04 AM ET
    $2B euros withdrawn from Greek banks: EU official

    The European Central Bank Governing Council is beginning a call over Greek bank funding, reports CNBC's Michelle Caruso-Cabrera.

  • ATHENS, June 19- Greeks pulled more than 1 billion euros out of their banks in a single day, banking sources said on Friday, as the country edged closer to the brink of default despite upbeat remarks from Prime Minister Alexis Tsipras. With less than two weeks left before Greece will default on an IMF loan unless the government reaches a deal with creditors,...

  • BEIJING, June 19- Business confidence among entrepreneurs and bankers in China ebbed during the second quarter due to slowing economic growth and weaker demand for loans, surveys published by the People's Bank of China showed on Friday. A separate central bank survey showed an increasing number of bankers believed China's economy had cooled and said their...

  • TOKYO, June 19- The Bank of Japan plans to reduce the number of monetary policy meetings from next year and publish its board members' economic forecasts more frequently, in line with a trend among other major central banks. Federal Reserve and the European Central Bank, a move economists welcomed as a step toward reducing information overload.

  • BEIJING, June 19- Business confidence among entrepreneurs in China fell in the second quarter of 2015 from the first quarter, according to a survey by the People's Bank of China published on Friday. Fewer households rated housing prices "unacceptably high" in the second quarter, versus the first three months, a separate survey showed. Another central bank survey...

  • Positive on European banks: Strategist Friday, 19 Jun 2015 | 3:00 AM ET
    Positive on European banks: Strategist

    Christian Gattiker, chief strategist and head of research at Julius Baer, explains why he's positive on European banks as a whole.

  • Tsipras's tone was strikingly upbeat given that talks over a cash-for-reforms deal for Greece remained deadlocked after a meeting of euro zone finance ministers, and bank withdrawals from Greek lenders have accelerated in the past week. "There will be a solution based on respecting EU rules and democracy which would allow Greece to return to growth in the...

  • Capital position of Greek banks still 'ok': Pro Thursday, 18 Jun 2015 | 10:33 PM ET
    Capital position of Greek banks still 'ok': Pro

    Nicholas Ferres, investment director, Global Asset Allocation at Eastspring Investments, discusses the state of Greece's banks amid a deterioration in liquidity.

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