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  • OSLO, April 3- The governor of the Norwegian central bank will apply for a second, and final, six-year term, he told Reuters on Sunday. Olsen, 64, has been governor of Norges Bank since January 2011. In Norway, it is customary for governors to have their terms renewed.

  • MADRID, April 3- At the end of a tough quarter, the fraught debate over how policymakers should tackle the world's economic woes gets another airing in the coming week as central banks on both sides of the Atlantic publish minutes. Solid growth in U.S. employment and an unexpected manufacturing uptick in China in March will have provided some comfort on Friday, but...

  • BOSTON- Federal Reserve Bank of Boston President Eric Rosengren speaks on "A View on Cybersecurity and Financial Stability from the CEO" before the Federal Reserve Bank of Boston 2016 Cyber security Conference- 1415 GMT. OTTAWA- Bank of Canada will release its business outlook survey, a summary of interviews conducted by the central bank's regional offices...

  • NEW YORK, April 1- After enduring several weeks of conflicting comments by Federal Reserve officials that whip-lashed the U.S. stock market, befuddled investors could get a dose of clarity next week on where the Fed stands on its path towards rate hikes. If traders believe that less vocal policymakers will support Fed Chair Janet Yellen's expressed go-slow...

  • Citi on bank's 'Uber moment'

    Greg Baxter, global head of digital for Citi, discusses how technology could be changing the face of the global banking system.

  • Buy big banks or bail?

    Kourtney Ratliff, Loop Capital Global Equity head, likes big banks and bought JPMorgan when Jamie Dimon bought it. She joins FMHR panel to discuss.

  • April 1- A plan that would require New York state banks to adopt rigorous measures to prevent laundering and terrorist financing conflicts with U.S. laws and may hinder existing efforts, a bank trade group told regulators. The requirement, which could trigger criminal penalties for compliance officers who file false or incorrect certifications about their...

  • *Russia looking to raise up to $3 billion via foreign borrowing. MOSCOW, April 1- Western banks interested in helping Russia place a Eurobond this year could back out because the two settlement houses which play a vital technical role in such placements have not yet agreed to handle the paper, several banking sources told Reuters on Friday. Two of the sources said...

  • *Average hourly earnings increase seven cents. WASHINGTON, April 1- U.S. employment increased solidly in March, underscoring the economy's resilience, but an influx of Americans into the labor market could temper nascent wage growth and keep the Federal Reserve cautious about raising interest rates. "The rise in participation is creating breathing room,...

  • April 1- Wall Street started the second quarter with losses on Friday after data showed U.S. employment rose more than expected in March, a sign of economic strength that could allow the Federal Reserve to gradually raise interest rates this year. The Labor Department's report showed non-farm payrolls increased 215,000 in March, more than the 205,000...

  • *Average hourly earnings increase seven cents. WASHINGTON, April 1- U.S. employment increased solidly in March and wages rebounded, underscoring the economy's resilience, but the Federal Reserve is expected to remain cautious in raising interest rates this year due to slowing global growth. Nonfarm payrolls increased 215,000 last month, the Labor Department...

  • *Poland's Alior Bank buys GE's BPH for $329 mln. WARSAW, April 1- Poland's Alior Bank has agreed to buy Bank BPH from General Electric for 1.225 billion zloty and said it will look to make another acquisition this year after moving into the country's top 10.. PZU plans to build Poland's fifth-largest bank through Alior, which will raise its assets to 60 billion...

  • Banking jobs in jeopardy?

    Martin Wolf of the Financial Times, discusses how advances in banking technology could prompt huge layoff in the industry. Also Wolf shares his thoughts on the "Brexit" debate.

  • BEIJING/ SHANGHAI, April 1- China's central bank is introducing new rules to the country's corporate bills market requiring banks to shift to electronic forms of issuance, sources with direct knowledge of the matter told Reuters, a move that follows a recent case of fraud in the sector. The directive comes from the People's Bank of China's payment and settlement...

  • BEIJING, April 1- China's outstanding medium-term lending facility stood at 1.33 trillion yuan at the end of March, unchanged from the previous month, the central bank reported on Friday. The central bank had queried selected banks on their demand for liquidity under MLF last month, people with direct knowledge of the development told Reuters at the time.

  • BEIJING, April 1- China's central bank said on Friday it provided 134.5 billion yuan worth of pledged supplementary loans, or PSL, to lenders in March. There was 1.39 trillion yuan worth of PSL in the banking system at the end of March, compared with 1.26 trillion yuan at the end of February, the central bank said in a statement on its website. The PSL programme,...

  • WASHINGTON, April 1- U.S. job growth likely remained strong in March, underpinning economic growth, but tepid wage gains and weak global demand could keep the Federal Reserve cautious about raising interest rates this year. The unemployment rate is seen holding steady at an eight-year low of 4.9 percent in the U.S. Labor Department data due for publication on...

  • *U.S. officials traveled to Kuala Lumpur to continue 1 MDB probe. KUALA LUMPUR, April 1- U.S. Department of Justice officials have asked Deutsche Bank AG and JPMorgan Chase& Co to provide details on their dealings with 1 MDB, as global investigations into the troubled Malaysian state fund widen. U.S. Department of Justice officials also traveled to Kuala Lumpur to...

  • Signage for 1Malaysia Development Bhd. (1MDB) is displayed at the site of the Tun Razak Exchange (TRX) project in Kuala Lumpur, Malaysia.

    The U.S. Department of Justice have asked Deutsche Bank and JPMorgan for details of their dealings with 1MDB, banking sources said on Friday.

  • JAKARTA, April 1- A new chat group on the instant messaging phone application WhatsApp is helping Indonesia's central bank improve its reputation for managing market expectations, something it has struggled with in the past. "BI's current communication pattern is more flexible, making markets relatively calmer," Bank Central Asia's chief economist, David...

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