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  • BRUSSELS- European Central Bank President Mario Draghi speaks at the European Parliament- 1400 GMT. TUESDAY, FEBRUARY 16 WASHINGTON- Minneapolis Federal Reserve Bank President Kashkari speaks at Brookings Institution- 1530 GMT. NEWARK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the 2016 Economic...

  • *U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 12 percent at $17.38, while the S&P financial index rallied 4 percent, its largest daily percentage gain since November 2011. "Europe was strong and especially the banks in Europe, and that appeared to have some positive carryover effect on sentiment towards banking...

  • WASHINGTON, Feb 12- A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon. Fed Chair Janet Yellen said this week it was still too soon for the central bank to change its view that rate hikes are needed, a position supported by a still-robust pace...

  • *U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 11.3 percent at $17.27, while the S&P financial index rallied 3.8 percent. "Europe was strong, especially the banks, and that appeared to have some positive carryover effect on banking stocks here in the U.S.," said John Carey, portfolio manager at Pioneer Investment...

  • NEW YORK, Feb 12- The Bank of Japan designed its new negative interest rates to avoid hurting bank profits, and the recent drop in bank stocks is "overdone," the BOJ's deputy governor said on Friday in what amounted to a defense of last month's shock policy decision. Hiroshi Nakaso, seeking to explain the move to bankers and investors in New York, said that while a key...

  • ROME 1/ 4 FRANKFURT, Feb 12- The European Central Bank is in talks with the Italian government about buying bundles of bad loans as part of its asset-purchase programme and accepting them as collateral from banks in return for cash, the Italian Treasury said. The move could give a big boost to a recently approved Italian scheme aimed at helping banks offload some of...

  • NEW YORK, Feb 12- The dollar rose on Friday after data showed U.S. consumer spending appeared to have regained its mojo in January, supporting the possibility of the Federal Reserve continuing to raise interest rates this year. Retail sales excluding automobiles, gasoline, building materials and food services increased 0.6 percent last month, according to a...

  • NEW YORK, Feb 12- U.S. and European shares rebounded from recent weakness on Friday, with reassuring U.S. retail sales data boosting sentiment, while U.S. crude prices rallied from more than 12- year lows. Banking shares in the United States and Europe spiked, with the S&P financial index last up 2.9 percent and the STOXX 600 Europe Banks index gaining 4.7 percent.

  • *Financial lead, led by banks. *JPMorgan jumps after CEO Dimon ups stake. Feb 12- Wall Street staged a comeback on Friday, led by a rebound in beaten-down financial and energy stocks after five straight days of a grueling rout on fears over the health of the global economy and the banking sector.

  • Jamie Dimon at the 2016 World Economic Forum in Davos, Switzerland.

    Insiders are buying as bank stock prices sink 20 percent on average and most big banks trade at a discount to tangible book value.

  • Bank of Canada

    Bank of Canada, Bank of Israel, Bank of England… CNBC takes a look at the central banks other than the Fed that may opt for negative interest rates.

  • Large bank stocks are cheap: Analyst

    Major banks in the U.S. are faring better than European banks, says David Hilder of Drexel Hamilton.

  • Pisani: Exxon is the safest bet in energy

    CNBC's Bob Pisani looks ahead as financials and energy lead early trade and European banks seeing gains.

  • NEW YORK, Feb 12- The dollar rose against a basket of major currencies on Friday after data showed U.S. consumer spending appeared to have regained its mojo in January, backing the possibility of the Federal Reserve continuing to raise interest rates this year. "The print is suggestive of the idea that Janet Yellen is right and most of the is right in not being overly...

  • ZURICH, Feb 12- Switzerland's banking lobby on Friday criticised the country's proposed new "too big to fail" regulation, arguing it gives Swiss financial watchdog FINMA too much discretion in enforcing the new rules. "This results in the loss of legal and planning certainty for systemically relevant institutions," the Swiss Bankers Association said in a...

  • ZURICH, Feb 12- Switzerland's banking lobby on Friday criticized the country's proposed new "too big to fail" regulation, arguing it gives Swiss financial watchdog FINMA too much discretion in enforcing the new rules. "This results in the loss of legal and planning certainty for systemically relevant institutions," the Swiss Bankers Association said in a...

  • Italy's former prime minister, Enrico Letta

    Italy's former prime minister remains optimistic in the country’s financial system but suggests a banking union is needed.

  • Tender issued for euro-denominated unsecured bonds worth 3 billion euros and dollar-denominated bonds worth $2 billion.

  • Deutsche Bank calls China bank crisis 'unlikely'

    The firm believes crisis claims are exaggerated.

  • Germany's DAX index ended the day up 2.5 percent at 8,967.51 while Britain's FTSE 100 gained 3.1 percent to 5,707.60. Bank shares led the way on Friday, with Deutsche Bank rallying 11.8 percent after saying it would buy back over $5 billion worth of its own bonds. Commerzbank jumped 18 percent after it announced its first dividend since 2007..

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