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  • LONDON, April 26- Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much. Federal Reserve, the Bank of Japan and Sweden's Riksbank, which all have turned to government bond purchases as stimulus...

  • SHANGHAI/ HONG KONG, April 26- Bankers at China's top state lenders are quitting in increasing numbers because of cuts to their pay and perks, and moving to a new breed of financial firms such as leasing companies, trusts and online platforms, bankers and headhunters say. "In the past we wouldn't see CVs from the state sector, but now we do," said Maggy Fang, managing...

  • BERLIN, April 25- The head of Germany's Bundesbank said on Saturday he had misgivings about granting emergency funding to Greece as the liquidity situation at the country's banks has not improved. Jens Weidmann was speaking at a press event with German Finance Minister Wolfgang Schaeuble after a meeting of euro zone finance ministers in Riga.

  • FRANKFURT, April 24- Deutsche Bank will cut back investment banking, sell its Postbank retail chain via a public share offering and reduce costs, the group said late on Friday, in a restructuring plan designed to boost profits. Germany's largest bank is under pressure to revive its performance as new regulations, legal headaches and weak markets eat into returns...

  • Germany's Deutsche Bank changes tack on Postbank Friday, 24 Apr 2015 | 6:12 PM ET

    BERLIN— Germany's Deutsche Bank AG says it plans to "deconsolidate" its Postbank retail banking unit, in which it has held a majority since 2010.. Germany's biggest bank said after its supervisory board met Friday that it also envisions investing in its transaction banking, asset and wealth management and retail businesses. Deutsche Bank agreed this week to pay...

  • April 24- SunTrust Banks Inc, Apollo Global Management and Ares Management LP are considering offers for buying General Electric Co's unit that lends to private-equity firms in the United States, Bloomberg reported, citing people with knowledge of the matter. GE is working with Citigroup Inc to sell the business, which is expected to be worth $10 billion, the...

  • BRASILIA, April 24- Brazilian interest rates are set to rise sharply again next week, a Reuters poll showed on Friday, as the central bank attempts to boost its inflation-fighting credentials even as signs of a recession continue to grow. Forty-two of the 48 economists surveyed in the poll expect policymakers to raise the benchmark Selic rate by 50 basis points...

  • LAGOS, April 24- Nigeria's central bank ordered banks on Friday to crack down on borrowers with non-performing loans in a move aimed at avoiding a repeat of a 2009 industry bailout that cost the government $4 billion. A sharp drop in the global price of oil, Nigeria's main export, has triggered a currency crisis in Africa's largest economy and strained...

  • *Euro zone banks best relative value since 2012- Barclays. LONDON, April 24- European banking shares, shunned by investors after the lenders accrued a spate of expensive fines and were hit by restrictive new regulation, are attracting interest again as the outlook for lending improves and valuations look to be bottoming out. Morgan Stanley and Goldman Sachs said...

  • The trade, known as Alexandria, is at the heart of a scandal that rocked Monte dei Paschi in 2012 just as it was being hit hard by the euro zone debt crisis. The bank emerged as the weakest lender in a Europe- wide review of lenders last year and has been told by the European Central Bank to close the Alexandria trade because its exposure to Nomura breaches regulatory...

  • HSBC considers moving headquarters from Britain Friday, 24 Apr 2015 | 5:10 AM ET

    LONDON— Global bank HSBC said Friday it is considering moving its headquarters from London due to tougher regulation since the 2008 financial crisis, a politically charged announcement two weeks before Britain's national election. Douglas Flint, chairman of the sprawling multinational, cited concerns over reforms including a demand to separate HSBC's...

  • BERNE, April 24- The Swiss National Bank said on Friday it had no plan to do away with cash, nor any power to impose a fee on paper currency, amid signs that large-denomination banknotes are being hoarded as a means to avoid negative interest rates on bank deposits. Nearly two-thirds of the Swiss banknotes in circulation on average last year were 1,000- franc notes,...

  • LONDON, April 24- Deutsche Bank's expected move to sell much of its retail banking business will see it join a growing list of banks choosing to shrink and simplify to survive. HSBC has already sold or shut 77 businesses and could yet dispose of big operations in Brazil or Turkey. Credit Suisse's incoming CEO Tidjane Thiam is expected to slash trading operations...

  • The findings echo results from earlier this week in Reuters surveys of more than 250 economists in Europe and North America who also expect more easing. The Reuters surveys across Asia, which bring the total number of forecasters polled above 300 globally this week, found nearly all central banks in the region, with a few exceptions such as New Zealand and South...

  • BEIJING, April 24- China will cut interest rates again this year and reduce the amount of reserves that banks must hold if it wants to expand its economy by 7 percent, a Reuters poll showed, in its biggest bout of policy easing since the 2008 global financial crisis. A poll of between 11-15 analysts showed China is expected to lower interest rates by 25 basis points...

  • SHANGHAI, April 24- China's yuan was flat against the dollar on Friday as a wave of dollar demand by big state-owned Chinese banks and oil companies helped to offset a three-month high midpoint, traders said. The People's Bank of China set the midpoint rate at 6.1241 per dollar prior to market open, the yuan's strongest level since Jan. 20, or 0.07 percent firmer than...

  • Chinese bad debt spikes by more than a third Thursday, 23 Apr 2015 | 10:36 PM ET

    Chinese banks face a spike in bad loans amid slowing economic growth, PwC warns in a new report.

  • WASHINGTON/ CHICAGO, April 23- The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, U.S. court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and...

  • WASHINGTON/ CHICAGO, April 23- The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and...

  • BB&T CEO: Trying times for banking industry   Thursday, 23 Apr 2015 | 4:35 PM ET
    BB&T CEO: Trying times for banking industry

    Discussing how the current interest rate environment is impacting earnings and the financial sector, with Kelly King, BB&T CEO.

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