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  • *Atmel jumps on M&A report. June 8- U.S. stocks ended lower on Monday as investors worried about Greece and mulled the prospect of the Federal Reserve raising interest rates as early as September. The market is cringing at that idea, "said Frank Davis, director of sales and trading at LEK Securities in New York.

  • June 8- The Federal Reserve Bank of Minneapolis on Monday launched a search for a "strategic thought leader" to replace current president Narayana Kocherlakota, who is returning to academia after years of failing to persuade colleagues in the U.S. central bank to support more accommodative monetary policy. Kocherlakota, a university professor before...

  • *Wall St banks expect Fed rate hike in September. *Airline stocks fall on comments from Qatar Airways. June 8- U.S. stocks fell on Monday afternoon, with the Nasdaq down 1 percent, as investors mulled the prospect of the Federal Reserve raising interest rates as early as September.

  • June 8- Minneapolis Federal Reserve Bank President Narayana Kocherlakota said on Monday he was returning to academia, after years of failing to persuade colleagues in the U.S. central bank to support more accommodative monetary policy. Kocherlakota said in a statement he had accepted a job as a professor of economics at the University of Rochester, in New York...

  • SAN FRANCISCO, June 8- Millions of U.S. workers keen on full-time work but stuck in part-time gigs may find their job woes persist no matter how long the Federal Reserve keeps interest rates near zero, a study published Monday by the San Francisco Fed suggests. The number of involuntary part-timers rose sharply after the recession, and in the years since has stayed...

  • Iceland to ease capital controls imposed since crash Monday, 8 Jun 2015 | 11:59 AM ET
    Reykjavik downtown, Iceland

    Iceland is to introduce a 39 percent exit tax on assets from its failed banks, as part of moves to lift capital controls.

  • *Wall St banks expect Fed rate hike in September. *Airline stocks fall on comments from as Qatar Airways. June 8- U.S. stocks fell in late morning trading on Monday as investors weighed the prospect of the Federal Reserve raising interest rates as soon as September, after Friday's strong jobs report.

  • LONDON, June 8- Shares in Germany's largest lender, Deutsche Bank, surged almost 5 percent on Monday on the appointment of a new CEO, but failed to offset a broader sell-off in European equities as bond yields and the euro rose. "Rising bond yields and the continued impasse over a new Greece deal keep investors cautious," said CMC Markets analyst Michael Hewson.

  • REYKJAVIK, June 8- Iceland said on Monday it would impose a 39 percent tax on creditors wanting to take assets reclaimed from its failed banks out of the country, a first step to lifting capital controls that have been in place since its 2008 crash. But creditors with billions of dollars worth of assets frozen in three bankrupt lenders could launch legal...

  • FRANKFURT/ LONDON June 8- John Cryan faces the briefest of honeymoons as chief executive of Deutsche Bank. Investors believe the Briton is a more credible contender than his predecessors to revive the fortunes of Germany's largest bank and its shares rose 8 percent on Monday after the weekend departure of co-executives Anshu Jain and Juergen Fitschen.

  • Iceland to propose lifting of capital controls Monday, 8 Jun 2015 | 7:09 AM ET

    REYKJAVIK, June 8- Iceland is expected to propose on Monday the gradual lifting of capital controls imposed after its outsized banks collapsed in 2008, as the country seeks to draw a line under the crisis that left it out in the financial cold. With the banking sector's assets once calculated at 10 times Iceland's gross domestic product, their spectacular...

  • LONDON, June 8- Deutsche Bank's two chief executives had approached the supervisory board with their decision to resign, the board head said on Monday in a memo aimed at reassuring staff concerned about the sudden change of helm at the lender. The departures of co-CEOs Anshu Jain and Juergen Fitschen and their surprise replacement with John Cryan sent shares in...

  • After the public consultation ends in September, Basel will decide on which approach to chose and when the first global bank capital rule of its kind would take effect. Basel said its review of how banks treat the impact of interest rate risks on their main banking book was aimed at making sure lenders hold enough capital to cover potential losses from exposures...

  • HSBC shakeup: What you need to know Sunday, 7 Jun 2015 | 8:00 PM ET

    At an investor day this week, chief executive Stuart Gulliver is set to launch a big effort at root-and-branch reform.

  • June 8- The Basel Committee has proposed two options to require banks to set aside more capital to cover risks from changes in interest rates. Basel, a group of banking regulators from nearly 30 countries, set out the two options in a document for public consultation. The options comprise a mandatory minimum capital surcharge and a capital-add on at the...

  • June 8- Hong Kong stocks edged up on Monday, led by mainland banking heavyweights on expectations that Beijing will step up reforms in the state sector. China's biggest banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications all ended the day firmer, on expectations...

  • FRANKFURT, June 8- The appointment of John Cryan as chief executive of Deutsche Bank sent shares in Germany's largest lender up 8 percent on Monday as investors judged the Briton a more credible contender than his two ousted predecessors to revive its fortunes. Cryan faces one of the most difficult jobs in global finance as he aims to move Deutsche Bank beyond...

  • Deutsche shares jump after management purge Monday, 8 Jun 2015 | 3:55 AM ET

    FRANKFURT, June 8- The appointment of John Cryan as chief executive of Deutsche Bank sent shares in Germany's largest lender up 8 percent on Monday as investors judged the Briton a more credible contender than his two ousted predecessors to revive its fortunes. Cryan faces one of the most difficult jobs in global finance as he aims to move Deutsche Bank beyond...

  • PZU has said its acquisitions are purely commercial but they also fit in with the centre-right government's desire to "re-polonise" banking in a market where units of lenders such as Santander of Spain,, Unicredit of Italy, and Germany's Commerzbank have long held a majority share. If all these deals go ahead, PZU would control banks with combined assets of 130...

  • Tough bank rules 'not in UK's interest' Monday, 8 Jun 2015 | 2:40 AM ET
    Tough bank rules 'not in UK's interest'

    Anthony Browne, CEO of the British Bankers' Association, tells CNBC that while banking regulations gain voter support, they could hurt the U.K. economy.

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