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  • HONG KONG, Dec 25- Chinese investment banks have awarded pay rises to their staff for the first time since the 2008 global financial crisis, buoyed by a surge in China- related deals, but salaries and bonuses still trail far behind those paid by Western banks. "This is the first time since 2009 we have seen an increase of base and total compensation," said Maggy Fang,...

  • Russia in offer to help firms with foreign debts Wednesday, 24 Dec 2014 | 5:04 AM ET

    MOSCOW— With inflation showing clear signs of picking up, Russia's central bank said Wednesday it will look to help companies with their foreign debts— a move it hopes will ease the pressure on the national currency. Following on from other measures to stabilize the ruble, such as a big increase in its key interest rate to 17 percent, the Central Bank said it will...

  • MOSCOW, Dec 24- Russia's central bank said on Wednesday it would start lending money in hard currencies to companies and banks willing to put their foreign loans as collateral.

  • *SMBC buying Citi retail ops for about $330 mln. TOKYO, Dec 24- Sumitomo Mitsui Banking Corp will buy Citigroup Inc's Japanese retail banking operations in October for about 40 billion yen, people with knowledge of the matter said on Wednesday. The Citi operations will be merged into SMBC Trust Bank, which will let Citi's retail customers in Japan maintain their...

  • SHANGHAI, Dec 24- China will expand a trial programme next year to allow the creation of purely private banks and ease the entry of private capital into the banking sector, China Banking Regulatory Commission chairman Shang Fulin was quoted saying in state media. The official China Securities Journal on Wednesday reported Shang saying at a meeting that the...

  • WASHINGTON, Dec 23- The U.S. credit union regulator sued Wells Fargo& Co Tuesday, saying the bank failed to fulfill its duties as a trustee for certain residential mortgage-backed securities trusts that soured and brought down five credit unions. A Wells Fargo spokeswoman declined to comment on the lawsuit. Regulators said Wells Fargo, as trustee for those...

  • UPDATE 1-FBI searches Doral Bank offices in Puerto Rico Tuesday, 23 Dec 2014 | 12:34 PM ET

    Dec 23- The Federal Bureau of Investigation is searching the offices of Doral Bank, a San Juan, Puerto Rico- based lender, as part of an ongoing investigation, an FBI special agent said. "We are executing a search warrant at Doral Bank," Special Agent Moises Quinones told Reuters. "It is about an ongoing investigation that the FBI is conducting here in this office."

  • Dec 23- The Federal Bureau of Investigation is searching the offices of Doral Bank, a San Juan, Puerto Rico- based lender, as part of an ongoing investigation, an FBI special agent said. "We are executing a search warrant at Doral Bank," Special Agent Moises Quinones told Reuters. Doral Bank, which is controlled by Doral Financial Corp, was not immediately available for...

  • JERUSALEM, Dec 23- Shares of Israel's Bank Leumi jumped nearly 4 percent on Tuesday after it agreed to pay $400 million to settle two separate investigations into whether it helped its American clients evade U.S. taxes. "We expect to see upward moves in the stocks as the settlement with U.S. authorities should lift a major overhang from the shares," said Barclays...

  • *Germany's No. 2 bank to intensify reforms. FRANKFURT, Dec 23- Commerzbank boss Martin Blessing has restored the German lender to health but it is unlikely to meet ambitious 2016 turnaround targets as it faces tough competition at home and a stagnating European economy. "When Commerzbank set out its 2016 targets in 2012, no one could have predicted the...

  • China's shadow banking thrives even as rules tighten Monday, 22 Dec 2014 | 7:57 PM ET

    China's shadow banking sector is growing rapidly despite tightened rules, taking advantage of a regulatory anomaly to prosper.

  • Dec 22- Bank Leumi Le Israel BM, Israel's second largest bank, will pay $400 million to settle two separate investigations into whether it helped its U.S. clients evade taxes. Bank Leumi had been negotiating for months with the U.S. Department of Justice and New York state to settle an investigation of possible tax evasion. Bank Leumi Luxembourg and Leumi Private...

  • Dec 22- Bank Leumi Le Israel BM, Israel's second largest bank, will pay $130 million to settle an investigation into whether it helped its U.S. clients evade taxes, a New York regulator said. The bank has set aside more than 1.4 billion shekels to settle with the U.S. Justice Department and the New York regulator. The investigation of Israeli banks started in 2011, two...

  • BEIJING, Dec 23- New players in China's shadow banking sector are growing rapidly despite attempts to clamp down on opaque lending, taking advantage of a regulatory anomaly to prosper but also raising the risks of a build-up of debt in the slowing economy. Authorities have sought to rein in the riskiest elements of less-regulated lending after a series of...

  • Reuben Bros. buys Goldman's metals unit  Monday, 22 Dec 2014 | 1:37 PM ET

    Goldman Sachs has sold its metals storage unit to Swiss investor Reuben Brothers, reports CNBC's Kate Kelly.

  • Death of Morgan Stanley's Rosneft deal  Monday, 22 Dec 2014 | 1:08 PM ET

    CNBC's Kate Kelly discusses the details behind the death of the deal between Morgan Stanley and Rosneft.

  • *Trust is Russia's 15th biggest by retail accounts. *Finance Ministry plans to double deposit insurance. MOSCOW, Dec 22- The Russian central bank on Monday announced the first bailout of the rouble crisis, providing up to $540 million to rescue Trust Bank and taking over supervision of the mid-sized lender.

  • Discussing what new technologies credit card companies are employing to guard against hackers and the state of mobile commerce, with Chris McWilton, MasterCard president.

  • Banking outlook for 2015  Monday, 22 Dec 2014 | 10:23 AM ET

    Discussing how the banking sector will benefit from increased volatility in 2015, with Thomas Michaud, KBW CEO.

  • *Regulators want to set capital "floor" for industry. *Proposals will reduce reliance on external credit ratings. LONDON, Dec 22- Global regulators have outlined measures to ensure capital held by banks does not fall below a certain level and to adopt a more consistent approach across the industry to measuring risk.

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