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  • WASHINGTON, April 23- Deutsche Bank will pay U.S. and British authorities $2.5 billion for interest rate manipulation, New York regulators said on Thursday.

  • DEUTSCHE BANK TO PAY U.S., BRITISH AUTHORITIES $2.5 BLN FOR INTEREST RATE MANIPULATION- NEW YORK REGULATORS.

  • FRANKFURT, April 23- Deutsche Bank faced a multi-billion-dollar fine on Thursday as British and U.S. officials prepared to announce a legal settlement over alleged attempts at its London- based subsidiary to manipulate interest rate benchmarks. Deutsche Bank is likely to pay more than $2 billion to U.S. and British authorities over the attempted...

  • *Gold retains losses from biggest drop in over a month. LONDON, April 23- Gold held just above a three-week low on Thursday, following its biggest drop in over a month, as the dollar rose following strong U.S. housing data that stoked expectations the Federal Reserve could raise interest rates soon. Spot gold ticked up 0.1 percent to $1,187.48 an ounce by 0924 GMT,...

  • MOSCOW, April 23- The Russian rouble made new gains on Thursday, supported by impending monthly tax payments that require the conversion of export earnings, and notwithstanding expectations the central bank will soon cut interest rates. "The Russian currency is enjoying demand thanks to the tax week, however there's every reason to suppose that it won't...

  • Deutsche could pay $2B over Libor-rigging: Source Thursday, 23 Apr 2015 | 4:42 AM ET
    Deutsche Bank signage in Vienna, Austria.

    Deutsche Bank is likely to pay more than $2 billion to U.S. and U.K. authorities over the manipulation of benchmark interest rates, a source said.

  • FOREX-Kiwi sinks on central bank comments, dollar gains Thursday, 23 Apr 2015 | 3:58 AM ET

    *New Zealand dollar hammered by hint at lower rates. LONDON, April 23- The New Zealand dollar was by far the biggest mover on major currency markets on Thursday, sinking 1.5 percent after a senior central banker pointed to the need for lower, not higher, interest rates. "It is a pretty easy way for the Reserve Bank to try and ensure that New Zealand does not lose out...

  • Why asset managers are worrying the Fed Thursday, 23 Apr 2015 | 2:36 AM ET
    The Federal Reserve Building in Washington, D.C.

    Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve.

  • Fed eyes ability of asset managers to repay in a panic Thursday, 23 Apr 2015 | 1:00 AM ET

    WASHINGTON/ NEW YORK, April 23- Sections of the U.S. financial system that may be vulnerable to investor panic are raising concerns inside the Federal Reserve, as policymakers preparing for the first interest-rate hike in nearly a decade seek to ensure that the market is ready and able to handle it whenever it happens. "Some open-ended mutual funds offer daily...

  • PRECIOUS-Strong U.S. housing data keeps gold below $1,200 Wednesday, 22 Apr 2015 | 8:46 PM ET

    SINGAPORE, April 23- Gold hovered below $1,200 an ounce on Thursday, following its biggest drop in over a month, as strong U.S. housing data stoked expectations the Federal Reserve would soon hike interest rates. *Spot gold was flat at $1,187.20 an ounce by 0036 GMT, near its lowest in a week. *Greece can scrape together enough cash to meet its payment obligations into...

  • DIARY- Emerging Markets Economic Events to May 5 Wednesday, 22 Apr 2015 | 8:02 PM ET

    CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting. MOSCOW- Central Bank of Russia announces interest rate decision- 1000 GMT.

  • April 22- Deutsche Bank AG is likely to pay more than $2 billion to U.S. and U.K. authorities over the manipulation of benchmark interest rates, according to a person familiar with the matter. The authorities involved include the U.S. Department of Justice, the Commodities Futures Trading Commission in Washington, the Financial Conduct Authority of Britain, and...

  • Michigan governor signs bill to aid Detroit bond sale Wednesday, 22 Apr 2015 | 4:23 PM ET

    April 22- Michigan Governor Rick Snyder on Wednesday signed into law a bill aimed at reducing interest rate costs for an upcoming Detroit bond sale. Detroit privately placed $275 million of variable-rate bonds with Barclays Capital to finance its Dec. 10 exit from the biggest-ever municipal bankruptcy. The move is expected to result in investment-grade...

  • April 22- Deutsche Bank AG is likely to pay more than $2 billion to U.S. and U.K. authorities over the manipulation of interest rates, according to a person familiar with the matter.

  • Business events scheduled for Thursday Wednesday, 22 Apr 2015 | 1:57 PM ET

    WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m. Eastern time. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. WASHINGTON— Commerce Department releases new home sales for March, 10 a.m..

  • WASHINGTON, April 22- U.S. part-time employment is fast-approaching levels common since the 1970 s in a sign that a key part of labor market slack may be almost gone, giving the Fed one less reason to delay hiking interest rates frozen near zero for more than six years. Central bankers watch the part-time figures as a measure of labor market health.

  • TREASURIES-U.S. yields rise with German bond selloff Wednesday, 22 Apr 2015 | 11:23 AM ET

    *Immediate risk from Greece reduced for time being. A stronger-than-expected rise in domestic existing home sales in March revived bets the Federal Reserve would raise interest rates later this year, overshadowing concerns about the absence of a deal between Greece and its creditors. Traders had snapped up Bunds since the European Central Bank began its 1.1...

  • Bank of England policymakers unanimous on holding rates Wednesday, 22 Apr 2015 | 6:10 AM ET

    LONDON— Bank of England minutes show that policymakers were unanimous in their decision to keep interest rates at a record low 0.5 percent this month as inflation pressures remained muted. Minutes released Wednesday from the April 8-9 meeting of the bank's Monetary Policy Committee show that members are still concerned about "headwinds" facing the economy...

  • LONDON, April 22- Emerging stocks resumed their climb on Wednesday and inched towards recent seven-month highs, buoyed by a 2.5 percent surge on the Shanghai market and a growing consensus that interest rate rises in the United States are still months away. The MSCI emerging stocks index was 0.5 percent higher, following a 0.4 percent gain on the Asia Pacific...

  • Markets react schizophrenically to Fed   Wednesday, 22 Apr 2015 | 4:00 AM ET
    Markets react schizophrenically to Fed

    Douglas Breeden, professor of finance at Duke University, says that markets are "schizophrenic," as one part bets that interest rates will normalize, while the others are "fearing" that rates will remain low.