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  • SAO PAULO, Jan 11- Global bond offerings by Latin American banks could recover this year, with a focus on senior rather than subordinated securities, as some Mexican, Colombian and Peruvian lenders face growing refinancing and funding needs, JPMorgan Securities said on Monday. In a client note, analyst Natalia Corfield forecast $12.5 billion of new Latin...

  • LONDON, Jan 11- Six bankers were formally charged in a British court on Monday with conspiring to manipulate Euribor benchmark interest rates, while another five accused in the case did not appear for the hearing. The case involving 11 former Deutsche Bank, Barclays and Societe Generale employees is Britain's fourth prosecution of rate-fixing allegations...

  • Could this be the new model for central banks? Monday, 11 Jan 2016 | 10:47 AM ET

    The Bank of England should scrap its rate-setting committee and use quantitative easing as its main monetary tool, says a new study.

  • LONDON, Jan 11- Six bankers were formally charged in British court on Monday with conspiring to manipulate Euribor benchmark interest rates, while another five accused in the case did not appear for the hearing. The case involving 11 former Deutshce Bank, Barclays and Societe General employees is Britain's fourth prosecution of rate-fixing allegations...

  • BEIJING, Jan 11- China's central bank said on Monday it will push forward a pilot scheme on relending in a bid to support the country's farming sector and small firms- the most vulnerable part of the economy. The scheme, which allows banks to refinance high quality credit assets rated by the central bank, was first introduced in Guangdong and Shandong provinces in...

  • BEIJING, Jan 11- China's central bank said on Monday it will push forward a pilot scheme on relending in a bid to support the country's farming sector and small and micro companies. The scheme, which allows banks to refinance high quality credit assets rated by the central bank, was first introduced in Guangdong and Shandong provinces in 2014..

  • SINGAPORE, Jan 11- The safe haven yen eased against the dollar after China's central bank set a stronger guidance rate for the yuan on Monday, soothing fears that Beijing is trying to weaken its currency to gain a competitive export advantage. China's yuan firmed on Monday after the central bank set the daily midpoint rate higher for a second day, after allowing it...

  • CAIRO, Jan 10- Egypt's central bank on Sunday issued guidelines on how it will incentivise banks to participate in a "comprehensive programme" to help finance small- and medium-sized enterprises in the latest move to try and create jobs and support its battered economy. President Abdel Fattah al-Sisi announced the SME initiative on Saturday, saying that...

  • SAO PAULO, Jan 9- Brazilian lenders Banco Bradesco and Banco do Brasil are in talks to buy Citigroup's stake in a credit card processing joint venture with Elavon Inc, a source with knowledge of the negotiations said on Saturday. Reuters reported in November that Citigroup had put the stake up for sale after Brazil's central bank said the joint venture needed...

  • Top UK regulator denies "going soft" on banks - BBC Saturday, 9 Jan 2016 | 5:04 AM ET

    LONDON, Jan 9- The acting head of Britain's main financial regulator has denied softening her stance, after her decision last month to drop a wide-ranging review into banks' behavior sparked concerns about political interference. Tracey McDermott, who has stood in as chief executive of the Financial Conduct Authority since regulatory hardliner Martin...

  • DIARY-Top Economic Events to Jan 21 Friday, 8 Jan 2016 | 7:01 PM ET

    TUESDAY, JANUARY 12 DALLAS- Federal Reserve Bank of Dallas President Rob Kaplan speaks before the North Texas Economic Forum hosted by Dallas chapters of Financial Executive International, Association for Corporate Growth and National Association of Corporate Directors- 0050 GMT. PARIS- European Central Bank Executive Board Member Peter Praet, Bank of...

  • SAO PAULO/ BRASILIA, Jan 8- Brazil's central bank ordered the liquidation of the local unit of Mexican billionaire Ricardo Salinas Pliego's Banco Azteca SA, after eroding finances and the breach of industry rules led to successive losses. Azteca do Brasil had one functioning branch and owned 0.0005 percent of Brazil's banking assets and 0.0009 percent of...

  • BALTIMORE, Jan 8- The Federal Reserve must be careful about reacting to China's financial turmoil without seeing clear signs of danger for the U.S. economic outlook, a Fed policymaker said on Friday. Richmond Fed President Jeffrey Lacker said the Asian financial crisis of the late 1990 s, which helped prompt interest rate cuts by the U.S. central bank, was a "great...

  • BALTIMORE, Jan 8- The Federal Reserve must be careful about reacting to China's financial turmoil without seeing clear signs of danger for the U.S. economic outlook, a Fed policymaker said on Friday. Richmond Fed President Jeffrey Lacker said the Asian financial crisis of the late 1990 s, which helped prompt interest rate cuts by the U.S. central bank, was a "great...

  • SAN FRANCISCO, Jan 8- The Federal Reserve's decision to raise short-term interest rates last month for the first time since the financial crisis puts the central bank in a position to keep future hikes both gentle and slow, a top Fed official said on Friday. "This was the right move because the economic outlook is good," John Williams, president of the San Francisco...

  • WASHINGTON, Jan 8- An acceleration in U.S. wage growth reinforces the Federal Reserve's view that inflation is poised to rebound and could lead the central bank to raise rates more this year than many investors expect. While average hourly earnings were flat in December, they were sharply higher than a year earlier and rose at a 2.5 percent annual rate in the...

  • BRASILIA, Jan 8- Five years before his arrest in a political corruption scandal, billionaire financier André Esteves was nearly banned from banking in Brazil due to irregular trading, according to a central bank document reviewed by Reuters. The severe punishment under consideration was eventually reduced to fines for Esteves and the bank, but it showed...

  • China to further liberalize the yuan, nudges rate higher

    The People's Bank Of China says it will make the yuan more international and keep the currency stable.

  • BEIJING, Jan 8- China's central bank said it would further liberalize interest rates, according to a statement posted on the People's Bank of China website on Friday. The central bank also said it would make the yuan more international, keep the currency basically stable, further improve the currency formation mechanism and deepen reforms of the foreign...

  • BEIJING, Jan 8- China's central bank said it would further liberalise interest rates, according to a statement posted on the People's Bank of China website on Friday. The central bank also said it would make the yuan more international, keep the currency basically stable, further improve the currency formation mechanism and deepen reforms of the foreign...

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