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  • What's the June outlook for stocks?

    CNBC's Bob Pisani looks ahead at global markets, market leadership and IPOs.

  • VIENNA, June 2- The European Central Bank chose not to give Greece access to its cheap money on Thursday, saying it would wait until Athens had tied up a number of loose ends in its agreement with international lenders. At a news conference in Vienna, ECB President Mario Draghi said the bank had discussed the issue of reinstating a' waiver' allowing the ECB to accept...

  • VIENNA, June 2- European Central Bank President Mario Draghi said on Thursday the bank had not taken a decision on whether to grant Greece access to cheap money. He said it would be discussed after it was ascertained whether Athens had adopted agreed "prior actions". Greece and its lenders wrapped up the bulk of reforms needed to get bailout cash last week, but left...

  • WASHINGTON, June 2- The U.S. Federal Reserve is working to change its stress tests, which would lead to a "significant increase" in capital requirements for the eight largest banks, Fed Governor Dan Tarullo said in an interview on Bloomberg TV on Thursday. The changes would probably not take place until 2018, Tarullo said, and the Fed would have to formally make a rule...

  • BUDAPEST, June 2- Central and eastern Europe's central banks have mostly finished their rate cuts though will be in no rush to start tightening as regional inflation is down and economic growth has slowed. The region's central banks have adopted a wait-and-see mode as they expect volatility in markets to rise around a June 23 referendum in Britain on European...

  • *Athens plans to return to bond markets in 2017. LONDON, June 2- Greek government borrowing costs held near six-month lows on Thursday ahead of an ECB meeting which may signal the return of a funding lifeline to Athens' banks, the first step in the country's plans to return to bond markets next year. Athens' five-year bond yields have fallen more than 300 basis points...

  • *Athens plans to return to bond markets in 2017. LONDON, June 2- Greek government borrowing costs held near six-month lows on Thursday ahead of an ECB meeting which may signal the return of a funding lifeline to Athens' banks, the first step in the country's plans to return to bond markets next year. Athens' five-year bond yields have fallen over 300 basis points in the...

  • *Negative rate policy worsened public mood-Sato. KUSHIRO, Japan, June 2- Bank of Japan board member Takehiro Sato criticized the central bank's negative interest rate policy as counter-productive and urged the BOJ to adopt a policy framework more suited for a long-term battle to beat deflation. "Opinions are divided on the economic effects of the negative...

  • Europe needs a capital market: ERSTE Bank CEO

    Andreas Treichl, CEO of ERSTE Bank, says the bank is making a lower profit margin, but risk costs have also shrunk due partly to low interest rates.

  • Federal Reserve should communicate better with China and financial markets on its interest rate decisions, China's vice finance minister said on Thursday, noting U.S. monetary policy has a major impact on the global economy. "It's up to the Federal Reserve to make ultimate monetary policy decisions, but we welcome the Fed to strengthen policy communication...

  • Spot gold was up 0.2 percent at $1,214.40 per ounce $1,212.40. U.S. gold gained 0.2 percent to $1,217.0. The safe-haven metal has been taking a beating over the past couple of weeks as senior U.S. central bank officials, including Fed chief Janet Yellen, indicated that a rate rise may be on the cards sooner rather than later.

  • KUSHIRO, Japan, June 2- Bank of Japan board member Takehiro Sato criticised the central bank's negative interest rate policy as counter-productive and urged the BOJ to adopt a policy framework more suited for a long-term battle to beat deflation. "Opinions are divided on the economic effects of the negative interest rate policy, and this is fuelling worries...

  • UBS's growth strategy in Asia

    Axel Weber, UBS chairman, believes global financial markets will be less volatile in the second-half of the year, driven by more certainty on the Fed and strong Asian growth.

  • *Spot gold was little changed at $1,212.70 per ounce by 0048 GMT. *Fed Chair Janet Yellen is scheduled to testify to the Senate Banking Committee on the U.S. central bank's semi-annual monetary policy report on June 21, the panel said. *Asian shares were steady on Thursday as Wall Street eked out modest gains, while the resurgent yen pressured equity markets in Japan.

  • *Tough challenge unseating Internet giants in China. The service is available in six countries and among a limited range of banks, though in recent weeks Apple has added four banks to its sole Singapore partner American Express; Australia and New Zealand Banking Group in Australia; and Canada's five big banks. Anecdotal evidence from Britain, China and...

  • *Q2 net income C $210 million vs C $404 million. Canada's sixth-biggest lender raised C $300 million through a share offering last October after its core tier 1 ratio, a key measure of financial strength, fell to the 9.5 percent minimum required by the country's financial regulator. The bank warned last month that it needed to set aside C $250 million, or C $183...

  • Pro: Be worried if your bank doesn't use multi-factor authentication

    Benjamin Lawsky, The Lawsky Group CEO, discusses the investigation into SWIFT in the wake of the Bank of Bangladesh hacking and security in the banking system.

  • Cash dollars

    As banks more become comfortable with regulatory exams, it's more likely they'll boost dividends and buybacks, analysts say.

  • NYSE Traders

    After deep cuts at big banks to begin 2016, there’s a hint of optimism in executives’ tone.

  • Pedestrians walk by the American International Group building.

    Ratings firm Moody's believes investors are going to continue to pressure Prudential and AIG into trying to get off the SIFI list as well.

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