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  • MELBOURNE, Jan 28- London copper moved away from 5-1/ 2- year lows on Wednesday, propped up by a weaker dollar after a drop in U.S. capital goods orders sparked talk the Federal Reserve might push back its timeline for raising interest rates. Copper prices have been walloped by persistent signs of weakening growth in top user China as well as sickly European demand...

  • MELBOURNE, Jan 28- London copper climbed away from 5-1/ 2 year lows on Wednesday, propped up by a weaker dollar after worsening U.S. durable goods orders sparked concerns the Federal Reserve may push back its timeline for raising interest rates at a meeting later in the session. *Three-month copper on the London Metal Exchange climbed by 0.7 percent to $5,458 a...

  • SINGAPORE, Jan 28- Singapore's central bank on Wednesday reduced the slope of its monetary policy band in an unexpected easing of policy ahead of its scheduled review in April. "Since the last Monetary Policy Statement in October, developments in the global and domestic inflation environment have led to a significant shift in Singapore's CPI inflation...

  • Seacoast Banking reports 4Q loss Tuesday, 27 Jan 2015 | 6:16 PM ET

    STUART, Fla. _ Seacoast Banking Corp. of Florida on Tuesday reported a loss of $1.5 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. Analysts expected $30 million, according to Zacks.

  • UPDATE 1-Canada's RBC and BMO move to cut prime rates Tuesday, 27 Jan 2015 | 5:04 PM ET

    TORONTO, Jan 27- Royal Bank of Canada, the country's biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada's big banks to trim borrowing costs nearly a week after the central bank stunned markets with a rate cut. Canada's biggest banks, which also include Toronto-Dominion Bank, Bank of Nova Scotia,...

  • TORONTO, Jan 27- The Royal Bank of Canada, Canada's biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada's big banks to trim borrowing costs nearly a week after the central bank stunned markets with a rate cut. It is the first of Canada's big six banks to cut its prime lending rate in the wake of the Bank of...

  • LONDON, Jan 27- Around two million Britons who may have been mis-sold insurance to cover events such as credit card fraud will be asked to vote for a scheme that could cost top banks hundreds of millions of pounds in compensation. The Financial Conduct Authority said on Tuesday 11 lenders and card issuers had voluntarily agreed to compensate customers after "...

  • ZURICH, Jan 27- UBS said on Tuesday it had introduced a charge on deposits for certain large account balances in Switzerland, in a move which follows the surprise jump in the Swiss franc's exchange rate earlier this month. The Swiss National Bank shocked financial markets on Jan. 15 by removing a three-year-old cap on the franc's value against the euro and...

  • JOHANNESBURG, Jan 27- Wrapping up a monetary policy speech last week, Nigerian central bank governor Godwin Emefiele declared that the naira, which has crumpled to 190 to the dollar with the drop in oil prices, was "appropriately priced". However, when currency dealers in Lagos and other financial centres in Africa and Europe got to work the next morning and turned...

  • LONDON, Jan 27- Around two million Britons who may have been mis-sold insurance to cover events such as credit card fraud will be asked to vote for a scheme that could cost top high street banks hundreds of millions of pounds in compensation. The Financial Conduct Authority said on Tuesday 11 lenders and card issuers had voluntarily agreed to compensate...

  • COLOMBO, Jan 27- A day after taking over as governor of the Central Bank of Sri Lanka, Arjuna Mahendran said interest rates can be reduced below current record lows once inflationary expectations flatten out, and called for an overhaul of the tax system to help businesses. Mahendran was appointed by the new government of President Maithripala Sirisena's New...

  • Stonegate Bank posts 4Q profit Monday, 26 Jan 2015 | 7:15 PM ET

    FORT LAUDERDALE, Fla. _ Stonegate Bank on Monday reported fourth-quarter profit of $5.2 million. Stonegate Bank shares have fallen slightly more than 4 percent since the beginning of the year. Keywords: Stonegate Bank, Earnings Report.

  • WASHINGTON— The Federal Reserve ended 2014 with a pledge to be "patient" in raising interest rates from record lows. Chalk it up to plunging oil prices and a surging dollar, which makes foreign goods cheaper in the United States. Complicating the Fed's timetable is the European Central Bank's just-announced plan to pump 1 trillion-plus euros into its ailing...

  • PARIS, Jan 26- Greek stocks fell on Monday after anti-austerity party Syriza swept to victory in the polls, though this damage failed to halt a broader rally in European equities driven by the European Central Bank's bond-buying plan. Athens's ATG index was down 1.3 percent at 0922 GMT, led lower by banking stocks such as Piraeus Bank, down 9 percent, and Alpha Bank,...

  • PARIS, Jan 26- Top Greek shares slumped more than 5 percent at the open on Monday after Greece's Syriza party promised to roll back austerity measures in the wake of its victory in a snap election. Athens' ATG stock index fell 5.2 percent, led lower by banking stocks. Piraeus Bank fell 14.5 percent and Alpha Bank dropped 11.6 percent.

  • SHANGHAI, Jan 26- China's yuan weakened to its lowest against the dollar in almost eight months on Monday, nearing its daily limit, adding to speculation that easing steps by global central banks are prompting the People's Bank of China to guide the currency weaker. "The dollar's global strength is really surprising seen in the domestic market," said a dealer at a...

  • 'Change at the top is necessary for StanChart': Pro  Sunday, 25 Jan 2015 | 10:24 PM ET

    Jim Antos, Bank Analyst at Mizuho Securities Asia, discusses news that two of Standard Chartered's largest investors have called for a change in the bank's chief executive position.

  • NEW DELHI/ MUMBAI, Jan 26- India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches. The regulations announced by the central bank, the Reserve Bank of India, reflect a realization that traditional banks...

  • FRANKFURT, Jan 25- Deutsche Bank will remember Thursday, Jan. 8 as the start of "Duesselgate," a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in Germany's former industrial heart. "Deutsche Bank is pretty much alone in Europe with this claim," he said only weeks after the group decided to examine its business model from head to toe.

  • The atmosphere will already be tense as the fallout from Sunday's snap election in Greece settles and concern has grown in some quarters that central banks, which played such a big part in guiding economies through the financial crisis, are becoming less predictable. The shock of the Swiss National Bank abandoning its cornerstone currency cap had yet to fully...

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