Stuart Leckie, Chairman at Stirling Finance, says the triple-R cut for Chinese rural lenders will have a positive impact and is a "nice gesture" signaling that Beijing has not forgotten the rural areas.» Read More
While all major Wall Street banks are regulated by the Fed, the OCC oversees only those with national bank charters, which allow a bank to build a nationwide branch network.
NEW YORK/ WASHINGTON, April 24- The Senate Banking Committee will vote next week on three nominees to the Federal Reserve's board, including Stanley Fischer for vice chairman, in a big step toward bulking up the U.S. central bank's depleted ranks. Treasury official Lael Brainard and current Fed Governor Jerome Powell, who has been nominated for another term.
WASHINGTON/ NEW YORK, April 24- A U.S. Senate committee is set to vote on April 29 on three nominees to the Federal Reserve's board of governors, the panel announced on Thursday in a step toward bulking up the depleted U.S. central bank.
April 24- Banco Bradesco SA is wary about raising lending interest rates even if funding costs in Brazil stay high, executives said on Thursday, a signal the nation's No. 2 private-sector bank wants to protect market share as competition mounts.
MOSCOW, April 24- Russia's third biggest bank moved almost $7 billion to the central bank as tension over Ukraine rose in March and joined others in slashing its deposits in foreign banks where they could be frozen if more international sanctions are imposed.
Threats aren't going to go away, says Gary Owen, Promontory director, talking with CNBC's Kayla Tausche about the future of cybersecurity technology and how Wall Street will protect itself 25 years from now.
As traditional banking moves into the cloud, CNBC's Kayla Tausche looks at the future of cybersecurity and protecting our financial infrastructure.
By Seda Sezer and Daren Butler. ISTANBUL, April 24- Turkey's central bank kept its main interest rates on hold on Thursday, ignoring political pressure for cuts to the extent of saying it will keep monetary policy tight until the inflation outlook improves significantly.
William Demchak, chairman, president & CEO of PNC Financial Services, shares his thoughts on banking reform and small business lending.
LONDON/ FRANKFURT, April 24- The amount of spare cash in the euro zone banking system fell to its lowest levels in 2-1/ 2 years on Thursday, pushing up short-term money market rates and adding impetus for the ECB to loosen policy further.
FRANKFURT, Germany— European Central Bank head Mario Draghi says the bank's rate-setting council should publish a written account of its deliberations— without names.
Apostolos Bantis, credit analyst at Commerzbank, says that Turkish banks face much slower growth but highlights that overall, "most pressures have been priced in."
WELLINGTON, April 24- New Zealand's central bank raised interest rates for the second straight month on Thursday, and signaled it intends to keep tightening policy in the coming months to stay on top of inflation pressures in a booming economy.
April 24- For other related diaries, please. ANKARA- Central Bank of Turkey holds Monetary Policy Committee meeting- 1100 GMT. CAIRO- Central Bank of Egypt holds Monetary Policy Committee meeting.
SYDNEY, April 24- The New Zealand dollar rallied on Thursday after the country's central bank lifted interest rates and signalled more hikes ahead, while caution ahead of a speech by the European Central Bank kept the euro subdued.
*Carmen Segarra denied whistleblower protection over firing. NEW YORK, April 23- A federal judge on Wednesday dismissed a lawsuit against the Federal Reserve Bank of New York by a former bank examiner who claimed the Fed fired her after she refused to change certain findings about Goldman Sachs Group Inc..
New Zealand's central bank raised interest rates on Thursday and signaled that it would keep tightening monetary policy in the coming months.
The White House is weighing candidates with banking backgrounds to fill gaps on the Fed's depleted board, sources familiar with the matter said.
NEW YORK/ WASHINGTON, April 23- A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts.
WELLINGTON, April 24- New Zealand's central bank raised interest rates on Thursday and signalled that it would keep tightening monetary policy in the coming months as the central bank tames inflation pressures which have been brewing as the country's economy strengthens.
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