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  • DUBAI, Feb 3- Cash-rich Gulf banks are becoming bigger players in the region's aviation boom, helping carriers like Emirates, Qatar Airways and Etihad Airways to fund their fleet expansion. Figures from European planemaker Airbus show that 47 percent of its aircraft deals in the Middle East in the first 11 months of last year were funded by local banks, up from 17...

  • A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.

  • SHANGHAI/ BEIJING, Nov 24- A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation. But some success for a policy drive to curb risky lending is not all good news for Beijing, as smaller companies may face even bigger struggles to find funding. A cut in interest rates, announced by Beijing on...

  • COLUMN-Euro may see fading reserve demand: James Saft Thursday, 23 Oct 2014 | 5:21 PM ET

    If so, and all else being equal, downward pressure on the euro may mount at a time when the European Central Bank, struggling to avoid a third recession since 2008, will find this quite useful. One of the big stories of the past 15 years has been the huge growth of global central bank forex reserves, particularly in China, which went from having very little at the end of...

  • *JPMorgan falls, Citigroup climbs after results. Citigroup, up 3.2 percent to $51.48, was among the top boosts to the benchmark S&P index after the bank posted better-than-expected quarterly results and said it would pull out of consumer banking in 11 markets. But JPMorgan Chase shares lost 1.1 percent to $57.54, after the biggest U.S. bank posted third-quarter...

  • *JPMorgan falls, Citigroup climbs after results. Citigroup, up 3.2 percent to $51.48, was the biggest boost to the benchmark S&P index after the bank posted better-than-expected quarterly results and said it would pull out of consumer banking in 11 markets. But JPMorgan Chase shares lost 0.9 percent to $57.61, after the biggest U.S. bank posted third-quarter...

  • Oct 1- Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross's surprise resignation from the firm. The Newport Beach, Calif.- based fund manager said the Pimco Total Return Fund, which was run by Gross for 27 years, is "...

  • UPDATE 1-Canada's TMX names Lou Eccleston as CEO Monday, 29 Sep 2014 | 6:14 PM ET

    TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.

  • WASHINGTON, Sept 28- Richard Fisher, president of the Dallas Federal Reserve Bank, said the United States risks falling behind the curve on inflation as wage pressure starts to bubble in some parts of the country.

  • Reinsurers flock to Monte Carlo as market storm brews Saturday, 13 Sep 2014 | 8:00 AM ET

    *Reinsurers in Monte Carlo for Sept. 13-17 conference. "I am disappointed, exasperated, and even rather appalled by what is happening in the market," said Nikolaus von Bomhard, chief executive of the world's biggest reinsurer, Munich Re.

  • A consumer-oriented rating agency, Weiss Rating, recently awarded the companies a median grade of C-minus, and even without a major storm to drive up claims, 11 of them have already failed in Florida since 2006, according to state records. "Things are moving in the right direction for Florida in attracting private capital.

  • EU bank tests may miss trillion dollar risk - study Wednesday, 10 Sep 2014 | 2:00 AM ET

    LONDON, Sept 10- Some European banks being checked by regulators for signs of capital weakness may be sitting on up to a trillion dollars of potentially unsafe assets because their holdings of sovereign bonds are not being fully risk assessed, a new study has found.

  • Getting cash from the crowd Tuesday, 17 Jun 2014 | 6:10 AM ET
    Charles Adler, Perry Chen and Yancey Strickler (left to right), founders of Kickstarter

    Anyone can invest in disruptive start-ups, thanks to crowdfunding sites like Kickstarter. It has helped fund blockbusters like Oculus Rift

  • Closest thing bitcoin has to a central bank Tuesday, 17 Jun 2014 | 6:09 AM ET
    Fred Ehrsam (left) and Brian Armstrong, founders of Coinbase

    With 1.3 million consumer wallets created and 32,000 merchants on board, Coinbase may be the closest thing bitcoin has to a central bank.

  • A brother team earning stripes in PayPal battle Tuesday, 17 Jun 2014 | 6:00 AM ET
    Stripe co-founders Patrick and John Collison

    No industry is more resistant to change than the 'clunky' payments space, but if you think PayPal is the biggest threat, think again.

  • The venture capital darling ending venture capital Tuesday, 17 Jun 2014 | 6:00 AM ET
    Naval Ravikant, co-founder of AngelList.

    With AngelList, entrepreneurs wary of venture capital have a new way to transition their ideas all the way from start-up to stock offering.

  • Getting banks out of the forex business Tuesday, 17 Jun 2014 | 6:00 AM ET
    Taavet Hinrikus and Kristo Käärmann, founders of TransferWise

    When two friends living in Europe got fed up with money-transfer fees, they knew there had to be a better way, and PayPal's founder agreed.

  • Hunting the wolves of Wall Street via the Internet Tuesday, 17 Jun 2014 | 6:00 AM ET
    Bill Harris, co-founder and CEO of Personal Capital

    Personal Capital, an Internet-based personal finance platform, is aiming to end the stranglehold of Wall Street's high-fee brokerage model.

  • Silicon Valley’s plan to oust wealth managers Tuesday, 17 Jun 2014 | 6:00 AM ET
    Adam Nash, CEO of Wealthfront

    The wolves of Wall Street won't stand a chance if the next generation truly embraces an algorithm as its wealth manager.

  • An online peer-to-peer lender, far from Wall St. Tuesday, 17 Jun 2014 | 6:00 AM ET
    Renaud Laplanche, founder and CEO of Lending Club

    Lending Club has become a lender of first resort to consumers and business owners. The peer-to-peer market has put Wall Street on notice.