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  • DIARY- Top Economic Events to Nov 14 Friday, 31 Oct 2014 | 8:01 PM ET

    NEW YORK- Dallas Federal Reserve Bank President Richard Fisher speaks on "Preparing to Normalize Monetary Policy" before a Shadow Open Market Committee meeting sponsored by the Manhattan Institute for Public Policy Research- 1740 GMT. CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives welcome and opening remarks before the "...

  • NEW YORK, Oct 31- U.S. authorities are investigating London- based Standard Chartered Plc for potential U.S. sanctions violations connected to its banking for Iranian-controlled entities in Dubai, according to people familiar with the probe. Investigators also learned that the company used to have an account with Standard Chartered, according to the source.

  • Jefferies CEO, chairman take drug tests Friday, 31 Oct 2014 | 5:30 PM ET

    Oct 31- Jefferies Group LLC said on Friday Chief Executive Rich Handler, Chairman Brian Friedman and executives at its healthcare division were tested negative for drug usage, after one of its investment banking head was accused of drug abuse. Sources told Reuters on Thursday that Sage Kelly, the head of Jefferies' healthcare investment banking group, is taking...

  • OBAMA TO MEET WITH FEDERAL RESERVE CHAIR ON MONDAY, WHITE HOUSE SAYS.

  • *Expedia shares jump after results; GoPro rallies. NEW YORK, Oct 31- U.S. stocks rose sharply on Friday, with the Dow hitting an intraday record high as the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives. The Bank of Japan's board voted to accelerate purchases of...

  • Recent moves by central banks, at a glance Friday, 31 Oct 2014 | 2:19 PM ET

    On Friday, the Bank of Japan surprised financial markets by intensifying its purchases of government bonds and other assets to try to revive a faltering recovery. The central bank will increase its purchases of government bonds and other assets by between 10 trillion yen and 20 trillion yen to about 80 trillion yen in total annually. Other policies: The Bank of...

  • Cyprus president scolds Central Bank chief Friday, 31 Oct 2014 | 2:04 PM ET

    NICOSIA, Cyprus— Cyprus' president has strongly criticized the bailed-out country's Central Bank chief for not disclosing details of her daughter's job, which may have embroiled her in a possible conflict of interest. The office represented Andreas Vgenopoulos, the former head of Cyprus' second largest bank, Laiki Bank, which collapsed after the country's...

  • MEXICO CITY, Oct 31- Mexico's central bank kept interest rates on hold on Friday and argued that a recent spike in inflation would quickly fade next year while flagging the risk that social unrest in the country could dampen a modest recovery. The Banco de Mexico maintained its benchmark interest rate at a record low of 3 percent, as expected by 15 of 16 analysts...

  • Bank of Japan redoubles efforts to revive economy Friday, 31 Oct 2014 | 1:05 AM ET

    TOKYO— Japan's central bank surprised the financial world and pleased investors Friday by intensifying its purchases of government bonds and other assets to try to revive a chronically anemic economy. The Bank of Japan's move to pump trillions more yen into the financial system is intended to stimulate spending in the world's third-largest economy.

  • MEXICO CITY, Oct 31- Mexico's central bank kept interest rates on hold on Friday and argued that a recent spike in inflation would quickly fade next year while flagging the risk that social unrest in the country could dampen a modest recovery. The Banco de Mexico maintained its benchmark interest rate at a record low of 3.00 percent, as expected by 15 of 16 analysts...

  • LONDON, Oct 31- The Bank of England told British banks on Friday they will be required to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected. Shares in Barclays-- one of the banks which analysts had feared might be hit hardest by the new rules-- rose a hefty 7 percent on the news, and shares in Lloyds...

  • Wheeling-based WesBanco buying ESB Bank for $325M Friday, 31 Oct 2014 | 9:03 AM ET

    ELLWOOD CITY, Pa.— WesBanco Inc. is buying western Pennsylvania's ESB Bank for $325 million in cash and stock giving the West Virginia- based bank an even bigger presence in the greater Pittsburgh market. WesBanco, which is based in Wheeling, West Virginia, will add 23 branches in four western Pennsylvania counties as well as $1.9 billion in assets and $1.3 billion...

  • MOSCOW, Oct 31- Russia's central bank raised its main interest rate much more than expected on Friday, trying to tackle a sliding rouble and climbing inflation as plunging global oil prices and Western sanctions hurt the economy. The decision of the central Bank of Russia brings the cumulative increase this year to four percentage points, despite the economy's...

  • FORT LAUDERDALE, Fla./ ZURICH, Oct 27- From bundles of cash inside scraps of newspaper to setting up shell companies, the trial in Florida of a former UBS executive is a reminder of the extreme methods some Swiss bankers used to hide clients' cash. Raoul Weil, 54, is the highest ranking Swiss banker to be arrested in the United States and prosecutors are seeking to paint...

  • Russia central bank in surprisingly big rate hike Friday, 31 Oct 2014 | 7:52 AM ET

    MOSCOW— Russia's central bank on Friday raised its main interest rate more than anticipated in its latest attempt to shore up the plummeting national currency. The ruble strengthened after the bank's move, but soon sank again reflecting the fundamental factors that have driven it down over the past few months— falling oil prices and continuing tensions over...

  • MOSCOW, Oct 31- Russia's central bank raised its main lending rate by 150 basis points at a board meeting on Friday, citing concerns about above-target inflation, weak oil prices and a toughening of Western sanctions. The central bank has been under pressure to raise rates to defend the sliding rouble, which has shed around 20 percent against the dollar since...

  • Russian central bank raises key rate by 150 bps Friday, 31 Oct 2014 | 6:38 AM ET

    MOSCOW, Oct 31- Russia's central bank raised its main lending rate by 150 basis points at a board meeting on Friday, citing concerns about high inflation.

  • RUSSIAN CENTRAL BANK SAYS THAT IF EXTERNAL CONDITIONS AND INFLATION EXPECTATIONS EASE, BANK READY TO SOFTEN POLICY.

  • Citi's forex pain prompts profit cuts     Friday, 31 Oct 2014 | 6:10 AM ET

    Marty Mosby, Vining Sparks analyst, discusses whether there is likely to be any long-term impact on the big bank due to its legal woes. Also Mosby explains why he is optimistic about Citigroup going forward.

  • Euro inflation creeps up, ECB still under pressure Friday, 31 Oct 2014 | 6:09 AM ET

    FRANKFURT, Germany— Inflation crept higher in the 18 countries that use the euro in October— but the rise to an annual 0.4 percent offered little relief to the European Central Bank as it tries to boost a weak economy. The chronic weak inflation figures underline the pressure on the ECB to enact more stimulus measures, especially after the Bank of Japan surprised...

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