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Finance Banks

  • Russians are ready to work with Trump: VTB bank Chair

    Andrey Kostin, president and chairman at VTB Bank, takes a look at Russia’s relationship with the U.S. and its administration, and why “more time” is needed to establish a dialogue.

  • BEIJING, March 10- Making monetary policy neutral will help China's supply-side reforms, the head of the central bank said on Friday. China's monetary policy is prudent and neutral and the central bank has many tools at its disposal, Zhou Xiaochuan, governor of the People's Bank of China said at a news conference on the sidelines of the annual parliament session...

  • China has moved on from GDP growth fixation: Economist

    Priyanka Kishore of Oxford Economics says there is a greater level of awareness in China of the financial risks in its economy.

  • President Donald Trump speaks in the Roosevelt Room of the White House in Washington, Thursday, March 9, 2017, during a meeting with leaders from small community banks.

    Laurie Stewart, who attended Thursday's bank CEOs meeting with Trump, believes the president was "very interested" in listening to issues.

  • President Donald Trump holds a National Economic Council listening session with the CEOs of small and community banks, in the Roosevelt Room at the White House on March 9, 2017 in Washington, D.C.

    Trump pressed his Treasury Secretary, Steven Mnuchin, and the head of his Gary Cohn, to move quickly on deregulatory ideas offered by the bankers.

  • WASHINGTON, March 9- President Donald Trump promised in a meeting with community bankers on Thursday to strip away some Dodd-Frank financial regulations and ensure they can continue giving small businesses access to capital. Trump, joined by National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks play a "...

  • WASHINGTON, March 9- President Donald Trump promised in a meeting with community bankers on Thursday to strip away some Dodd-Frank financial regulations and ensure they can continue giving small businesses access to capital. Trump, joined by National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks play a "...

  • MILAN, March 9- Struggling Italian bank Monte dei Paschi di Siena has approved a long-awaited preliminary restructuring plan that must now be cleared by European authorities for the lender to be granted a state bailout. The European Central Bank has since put the capital shortfall that the lender must fill at 8.8 billion euros, and the Italian government is...

  • Bank customer teller transaction

    Laurie Stewart, CEO of Sound Community Bank and Sound Financial Bancorp, speaks about meeting with President Trump with other community bank CEOs.

  • WASHINGTON, March 9- President Donald Trump promised in a meeting with community bankers on Thursday to strip away some Dodd-Frank financial regulations and ensure they can continue giving small businesses access to capital. Trump, joined by National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks play a "...

  • WASHINGTON, March 9- A U.S. Senate panel on Thursday approved with bipartisan support a raft of bills aimed at spurring capital formation, marking its first step this year toward modernizing market rules that critics have said are outdated and get in the way of business expansion and investment. The Senate Banking Committee, led by Idaho Republican Chairman...

  • President Donald Trump holds a National Economic Council listening session with the CEOs of small and community banks, in the Roosevelt Room at the White House on March 9, 2017 in Washington, D.C.

    Camden Fine, ICBA president & CEO, dicusses his meeting with President Trump and community bank executives at the White House.

  • *Etisalat missed payment on $1.2 bln loan. ABUJA/ LAGOS, March 9- Nigeria's telecoms regulator and central bank governor intervened on Thursday to try and help Etisalat Nigeria resolve debt restructuring talks with its lenders, after the company missed a payment on a $1.2 billion loan. The Nigerian Communications Commission said in a statement that it was...

  • Trump: We must ensure small bank access to capital

    At a meeting with community bank executives, President Donald Trump speaks about the importance of community banks to the economy.

  • Blodget: Real opportunity to rollback small business lending regulation

    Henry Blodget, Business Insider CEO, discusses President Trump's meeting with community banking executives.

  • LONDON, March 9- Banks' currency trading arms believe they can exempt teams of strategists from new European rules on research by changing their job titles and imposing hard limits on what they can say in public. The MiFID II directive, due to be implemented by the end of this year, is a sweeping reform of European Union securities rules to apply lessons from the 2008...

  • Community bank CEOs to meet President Trump

    CNBC's Eamon Javers reports on the House Ways & Means Committee's approval of the GOP health care bill and the meeting between President Trump and community banking executives.

  • March 9- The Federal Reserve will raise interest rates next week in response to a series of strong economic data, according to all of more than 100 economists polled by Reuters, with two more hikes likely to follow later this year. Hawkish comments from several Fed officials have pushed interest rate futures markets to bet on a rate hike on March 15, with the...

  • March 9- Wells Fargo& Co has taken further steps to restructure its retail banking business, demoting some senior executives within the bank, the Wall Street Journal reported on Thursday, citing employees and memos. Mary Mack, who took over the retail banking unit in July, wrote in a memo on Tuesday that she was reorganizing groups within the business to expand its...

  • FRANKFURT, March 9- The European Central Bank pledged on Thursday to keep its aggressive stimulus policy at least until the end of the year, maintaining its support for the economy as anti-euro sentiment rises before elections in France and the Netherlands. While expected, the decision showed the ECB's leadership was resisting calls from Germany to start...

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