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  • *Spot gold was little changed at $1,226.41 per ounce by 0033 GMT. *Further interest rate hikes by the U.S. central bank will be "good news" for the world because they will show its largest economy is in good health, though they could pose a challenge for emerging markets, European Central Bank Vice President Vitor Constancio said on Tuesday. *Euro zone finance...

  • SWIFT

    CyberArk's Vincent Goh identifies tactics used to hack into banks and even central banks, such as spearphishing and social engineering.

  • *MAS shuts Singapore unit of BSI for money laundering. SINGAPORE/ ZURICH, May 24- Singapore closed down BSI's operations in the city-state, while Switzerland began criminal proceedings against the private bank, in the biggest international crackdown on financial entities dealing with a scandal-hit Malaysian government fund. The Monetary Authority of...

  • WEDNESDAY, MAY 25 HOUSTON, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the Greater Houston Partnership Thought Leader Series- 1700 GMT. MADRID- European Central Bank Chief Economist Peter Praet speaks at the 2016 IIF Spring Membership Meeting on "Monetary Policy...

  • *Follows tough rhetoric from Beijing, increasing defaults. SHANGHAI, May 25- Mainstream lenders in China are squeezing borrowers in the country's rust-belt provinces, forcing firms to take on higher interest-rate loans from so-called shadow banks, a Reuters analysis of central bank figures shows. Firms in Liaoning, an industrial powerhouse in China's...

  • NEW YORK, May 24- The dollar hit its highest against the euro in nearly 10 weeks on Tuesday, while U.S. bond prices dipped as expectations grew that the Federal Reserve could raise interest rates soon. The euro was down 0.7 percent against the dollar at $1.1136 and hit its lowest level since March 16. "A re-pricing of Fed tightening expectations is the principal...

  • Wells Fargo mobile payment

    Wells Fargo is jumping into the mobile payments game with its new Wells Fargo Wallet.

  • *BSI and others look to riskier Asia in hunt for wealth to manage. ZURICH/ SINGAPORE, May 24- Regulators' closure of the Swiss BSI bank's Asian outpost for failing in its duty to prevent money-laundering has highlighted the risks of hunting wealthy clients farther afield as Swiss banks' traditional line in hiding money from foreign tax men is choked off.

  • NEW YORK, May 24- The dollar hit is highest against the euro in nearly 10 weeks on Tuesday, while U.S. bond prices dipped as expectations grew that the Federal Reserve could raise interest rates soon. The euro was down 0.7 percent against the dollar at $1.1136 and hit its lowest level since March 16. "A re-pricing of Fed tightening expectations is the principal driver...

  • Global banking warning

    CNBC's Eamon Javers reports on the announcements around cybersecurity from the banking society SWIFT.

  • Traders work at the Goldman Sachs booth on the floor of the New York Stock Exchange.

    Morningstar analysts think Goldman Sachs' stock is set to outperform. They're not as bullish as they once were.

  • NEW YORK, May 24- The dollar jumped on Tuesday, hitting an eight-week high against the euro, while U.S. bond prices fell as expectations grew that the Federal Reserve could raise interest rates soon. The euro was last down 0.6 percent against the dollar at $1.1147 and hit its lowest level since March 24. "A re-pricing of Fed tightening expectations is the principal...

  • ABUJA, May 24- Nigeria's central bank abandoned its naira peg to the dollar on Tuesday in favor of a flexible currency regime, a policy U-turn designed to boost local manufacturing and exports and stave off a recession. However, Governor Godwin Emefiele sparked confusion in Africa's biggest economy by declining to say how the shift from a naira fixed at 197 to the...

  • Wells Fargo

    The bank's need for reserves to offset losses on oil and gas companies could rise in 2016, executives warn.

  • WASHINGTON, May 24- Total U.S. household debt rose to $12.25 trillion in the first quarter of 2016, due largely to an increase in mortgages, according to a survey released on Tuesday by the Federal Reserve Bank of New York. That was an increase of $136 billion from the fourth quarter of 2015 and $401 billion more than one year ago, the New York Fed said.

  • LONDON, May 24- Gold fell to a four-week low on Tuesday as hawkish comments from Federal Reserve officials in the previous session sent the dollar to a two-month high against a currency basket. Spot gold was down 0.9 percent at $1,236.81 an ounce at 1340 GMT, off an earlier low of $1,235.35. U.S. gold futures for June delivery were down $14.50 an ounce at $1,237.00.

  • PARIS, May 24- French bank BNP Paribas plans to close its remaining business in the Cayman Islands, campaign group Attac reported on its website on Tuesday, in the wake of the Panama Papers revelations about tax havens. BNP declined to comment on the report, but said in an email statement that it had closed two subsidiaries in the Cayman Islands and currently had two...

  • US appeals court revives Libor lawsuits

    An appeals court determines that price-fixing collusion among competitors is a violation of antitrust law.

  • SWIFT to announce new security program

    The global provider of secure messaging services will unveil a five-point plan in a bid to regain trust from banks.

  • Singapore's MAS shutting down BSI Bank

    The Switzerland-based bank will lose its status as a merchant bank in Singapore due to gross misconduct.

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