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Finance Banks

  • BRUSSELS, March 21- The European Commission wants a decision on the relocation of the European Banking Authority from London before the end of Britain's EU divorce talks, the EU executive vice president said on Tuesday.

  • LISBON, March 21- Portugal extended the maturities on state loans to its bank resolution fund by nearly three decades to 2046 to avoid imposing extra costs on a fragile banking sector as the state looks set to sell rescued bank Novo Banco at a loss to be borne by banks. Portugal injected 4.9 billion euros into Novo Banco in 2014 via the bank resolution fund, 3.9...

  • *U.K. inflation jump weighs on safe haven government debt. U.K. inflation shot past the Bank of England's 2 percent target for the first time since the end of 2013, adding to uneasiness among some officials at the central bank about keeping interest rates near zero. Youve got the pound rallying because now people think the Bank of England is going to have to remove...

  • LONDON, March 21- British inflation shot past the Bank of England's 2 percent target last month, potentially adding to uneasiness among some officials at the central bank about keeping interest rates near zero. Last week, one of the BoE's policymakers voted to raise record-low borrowing costs because of growing inflation pressures and the economy's...

  • NEW YORK, March 21- Deutsche Bank AG has opened a new center in New York to work with financial technology startups that can help it improve its technology. Deutsche Bank is Germany's largest lender. The other Deutsche Bank labs- based in Berlin, London and Silicon Valley- have so far led to deployments of technology that can help the bank improve the resilience of...

  • BEIJING, March 21- Over half of Chinese households think housing prices are too high and more than a quarter worry these will rise more, according to a central bank survey, adding to views authorities may have to take more property cooling measures even at the risk of dampening economic growth. Also on Tuesday, a PBOC official told Reuters that China's central bank...

  • *Sentiment was also boosted after French centrist Emmanuel Macron's performance in a television debate raised expectations that he would win the presidential election over the far-right's Marine Le Pen. *Bank of Kansas City President Esther George and Cleveland Fed chief Loretta Mester are scheduled to speak later in the day, while Boston Fed head Eric...

  • LONDON, March 21- Bank of England Governor Mark Carney sought to show he understood the severity of a conflict of interest case that cost one of his deputies her job last week, but he also said the case should not inadvertently lead to tighter rules for bankers. Carney, speaking at a conference on ethics and banking on Tuesday, said the BoE would learn lessons from the "...

  • PARIS, March 21- French retailer Carrefour on Tuesday joined the crowded French online banking field with the launch of C-zam, a current account for anyone over 18 that can be opened on presentation of two identity cards and activated online in 10 minutes. The move comes as French telecoms operator Orange and its partner Groupama also aim to launch Orange bank in...

  • Robot and human robo advisors

    Goldman Sachs is building a so-called robo-adviser geared to mass affluent customers, according to a job listing posted Monday on the bank's website.

  • LONDON, March 21- Bank of England Governor Mark Carney said on Tuesday he fully understood concerns about the BoE's standards of accountability, after deputy governor Charlotte Hogg resigned for failing to disclose a potential conflict of interest. Speaking in London on ethics and banking, Carney said the BoE would learn lessons from the "unfortunate events."

  • LONDON, March 21- British inflation last month shot past the Bank of England's 2 percent target for the first time since the end of 2013, potentially adding to uneasiness among some officials at the central bank about keeping interest rates near zero. Last week, one of the BoE's policymakers voted for a rate increase, given the rise in inflation and no sign of the...

  • LONDON, March 21- European shares edged up towards 15- month highs on Tuesday, with banking and oil stocks outperforming, though Sweden's Fingerprint Cards plummeted on another profit warning. Among other banks, Deutsche Bank was a top gainer, 2.4 percent above its theoretical ex-rights price as the subscription period for its 8 billion euro capital hike began.

  • People walk past the entrance to the Goldman Sachs investment offices in Peterborough Court on October 10, 2016 in London, England.

    Goldman Sachs will shift jobs from London as part of Brexit contingency plans, the boss of Goldman Sachs International told CNBC on Tuesday.

  • BEIJING, March 21- Business confidence among entrepreneurs in China improved in the first quarter of 2017 from the fourth quarter last year, according to a survey by the People's Bank of China published on Tuesday. Another central bank survey showed bankers' confidence also rose in the first quarter, though 20.3 percent of bankers believe monetary policy was "...

  • MILAN, March 21- The European Central Bank completed in February a nine-month inspection of the loan book of Monte dei Paschi di Siena and will take its outcome into account when assessing the Italian bank's solvency, the lender said. Monte dei Paschi must fill an 8.8 billion euro capital gap after failing to raise 5 billion euros in a share sale last year.

  • BEIJING, March 21- The World Bank's newly appointed chief executive gave a spirited defence of globalisation during her first official visit to China, saying it had helped richer and poorer countries, and economic integration made it hard for any nation to walk away. Kristalina Georgieva, a Bulgarian who took up her post at the multilateral development lender...

  • BEIJING, March 21- The World Bank's newly appointed chief executive gave a spirited defense of globalization during her first official visit to China, saying it had helped richer and poorer countries, and economic integration made it hard for any nation to walk away. Kristalina Georgieva, a Bulgarian who took up her post at the multilateral development lender...

  • William Dudley, president of the Federal Reserve Bank of New York.

    Citing Wells Fargo's scandal. New York Fed president says banks have "a long way to go" in reforming internal culture.

  • LONDON, March 21- European shares gained on Tuesday with cyclicals, banking and oil stocks outperforming, reversing a cautious start to the week. Among banks, Deutsche Bank was the top gainer, 3.6 percent above its theoretical ex-rights price as the subscription period for its 8 billion euro capital hike began. Asset management firm Partners Group was the top...

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