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  • TULIN SAYS CENTRAL BANK DOES NOT RULE OUT CUTTING MINIMUM RESERVES REQUIREMENT FOR BANKS, BUT SEES NO NEED FOR NOW.

  • MOSCOW, March 5- The Russian central bank's First Deputy Governor Dmitry Tulin said the bank's monetary policy, which targets inflation, remains tight, but March's rate decision will depend on the latest macroeconomic data. "Based on February data our policy remains tight," Tulin said in an interview authorized for release on Thursday. The central bank, which...

  • MOSCOW, March 5- The first deputy governor of Russia's central bank, Alexei Simanovsky, said on Thursday that Russian banks' retail deposits could rise by 8 percent this year but added that was a "bold" forecast.

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11- year low against the dollar and the region's stocks nudged higher on Thursday, as the European Central Bank prepared to provide the finer details of its soon-to-be-launched 1 trillion euro stimulus plan. The common currency fell to as low as $1.1026, its lowest level since...

  • VIENNA, March 5- U.S. investor Cerberus Capital Management will play an active role in European banking consolidation, it said on Thursday, sending the strongest signal yet it could soon exit its majority stake in Austrian lender BAWAG PSK. Certainly as there is European banking consolidation we see ourselves as a big part of that, Cerberus in general, "Cerberus...

  • Cyprus Fin Min: 'Strong supporter' of ECB  Thursday, 5 Mar 2015 | 4:00 AM ET

    Harris Georgiades, finance minister of Cyprus, discusses whether the bond-buying programme will help Cyprus, saying he is a "strong supporter" of the ECB's new policy.

  • VIENNA, March 5- U.S. investor Cerberus Capital Management will play an active role in European banking consolidation, it said on Thursday, sending the strongest signal yet it could soon exit its majority stake in Austrian lender BAWAG PSK. Certainly as there is European banking consolidation we see ourselves as a big part of that, Cerberus in general, "Cerberus...

  • MOSCOW, March 5- The Russian rouble strengthened on Thursday morning, as the oil price held above $60 per barrel and investors awaited details of a European Central Bank bond-buying programme. The European Central Bank holds a policy meeting later in the day where details of its bond-buying programme, which could affect flows of funds into emerging markets,...

  • MOSCOW, March 5- The Russian rouble opened little changed against the U.S. dollar on Thursday, with investors awaiting further moves on energy markets and details of a European Central Bank bond-buying programme. Brent oil prices remained above $60 per barrel, a positive signal for the rouble. The European Central Bank holds a policy meeting later in the day...

  • NEW YORK, March 5- When U.S. auto lender Ally Financial Inc failed a key regulatory test two years ago, its executives were surprised to learn that the main reason was that the Federal Reserve treated loans to car dealers just like riskier credit to energy producers or manufacturers. "We felt like in some areas very broad approaches were being taken when maybe it...

  • Banks brace for U.S. Fed capital buffers inspection Thursday, 5 Mar 2015 | 12:00 AM ET

    WASHINGTON, March 5- The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk. Next week's review takes a look under the hood of the banks- which Wall Street critics say are "too large to manage"- by scrutinizing whether...

  • Why the worst may not be over for StanChart  Wednesday, 4 Mar 2015 | 10:45 PM ET

    Apart from a downward trajectory in earnings, the troubled British lender also faces asset quality headwinds in many of its key markets, says Matthew Phan, analyst, Asia-Pacific Banks at CreditSights.

  • TOKYO, March 5- Loss-making Japanese electronics firm Sharp Corp meets its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for more drastic overhauls. Sharp Chief Executive Kozo Takahashi will meet officials from Mizuho Bank and Bank of Tokyo-Mitsubishi...

  • StanChart's 2014 results are 'atrocious': Pro  Wednesday, 4 Mar 2015 | 7:38 PM ET

    Jim Antos, bank analyst at Mizuho Securities Asia, discusses the 37 percent slump in Standard Chartered's net profit for 2014.

  • DIARY-Top Economic Events to March 18 Wednesday, 4 Mar 2015 | 7:01 PM ET

    TEXAS- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Reflections on 10 Years at the Fed& Farewell, El Paso" before a community forum hosted by the Federal Reserve Bank of Dallas El Paso Branch- 0000 GMT. SYDNEY- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at the Goldman Sachs 10th Annual Global Macroeconomics Conference- 0130...

  • 5 ways to trade financials as stress results loom Wednesday, 4 Mar 2015 | 6:55 PM ET

    Some CNBC "Fast Money" traders said to stick with recent financial outperformers as Fed stress test results emerge.

  • ANKARA/ ISTANBUL/ NEW YORK, March 4- Turkey's prime minister and his economic team sought on Wednesday to calm the nerves of top investors in New York who hold more than 20 percent of the main Istanbul stock index, after President Tayyip Erdogan's tirades against the central bank helped send the lira to record lows. Erdogan has repeatedly attacked the bank over its...

  • Bank of England mired in money-market fraud probe Wednesday, 4 Mar 2015 | 6:23 PM ET
    The Bank of England

    The Bank of England is embroiled in an investigation over the potential rigging of its money-market auctions, the FT reports.

  • The best news out of StanChart's 2014 results  Wednesday, 4 Mar 2015 | 5:21 PM ET

    Erin Davis, senior analyst at Morningstar, explains why Standard Chartered's stock surged in London trade despite reporting a 37 percent fall in net profit for 2014.

  • Gloom and gallows humor in Fed's 2009 transcripts Wednesday, 4 Mar 2015 | 5:01 PM ET

    Federal Reserve officials faced the worst of the Great Recession in early 2009: a collapsing economy hemorrhaging jobs, a plunging stock market, and banks saddled with bad debts, refusing to lend. Yet the transcripts also show that then-Fed Chairman Ben Bernanke and other Fed policymakers were quicker to grasp the magnitude of the downturn than in previous...

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