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  • MOSCOW, Oct 2- Russia's central bank will introduce seven-day and 28- day foreign currency repo auctions within a few weeks, the bank's governor Elvira Nabiullina said on Thursday. She told a VTB Capital conference that the new facility would help Russian companies and banks deal with problems caused by the closure of external markets. The bank recently...

  • Chinese banks shun depositors as rules bite Wednesday, 1 Oct 2014 | 7:45 PM ET

    China's banks this week found themselves turning away would-be depositors as they scrambled to comply with new rules. The Financial Times reports.

  • TORONTO, Oct 1- Royal Bank of Canada has decided not to divest its U.S. proprietary trading arm in its current form but will work to comply with new regulations there, the lender said on Wednesday. Canada's largest bank by market capitalization said it has been actively working to restructure the proprietary trading business- which uses the bank's own funds- to...

  • IMF says banker bonus caps don't cut risks Wednesday, 1 Oct 2014 | 11:49 AM ET

    LONDON, Oct 1- Capping bankers' bonuses will not cut risk in the financial system, the International Monetary Fund said on Wednesday, offering Britain moral support in its legal challenge to EU curbs on pay in the financial sector. The European Union has gone further, capping banker bonuses at twice fixed salary.

  • China’s shadow banks need ‘close monitoring’: IMF Wednesday, 1 Oct 2014 | 2:00 PM ET

    China’s booming shadow banks needs scrutiny, the IMF said on Wednesday, shortly after an official from the Chinese central bank defended the sector.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • "Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.

  • JGBs mixed as BOJ refrains from buying superlong bonds Wednesday, 1 Oct 2014 | 5:09 AM ET

    TOKYO, Oct 1- Japanese government bond prices were mixed on Wednesday ahead of the next session's 10- year auction, with superlong JGBs extending losses. Contrary to some market participants' expectations, the Bank of Japan did not offer to buy any superlong JGBs under its massive JGB purchase program.

  • MOSCOW, Oct 1- The Russian rouble weakened on Wednesday after the Central Bank conducted its first overnight rouble-dollar swap operation to boost banking liquidity. This was the first time the market used the mechanism that the Central Bank introduced on Sept. 16.

  • Russian bank VTB says "not afraid" to invest in Mechel Wednesday, 1 Oct 2014 | 3:33 AM ET

    MOSCOW, Oct 1- Andrei Kostin, the head of VTB Bank, one of Russia's largest, said on Wednesday the lender was "not afraid" of investing into debt-laden coal and steel producer Mechel. He also said he was sure that Russian banks would find the necessary funds to service Mechel's $1 billion borrowed from a syndicate of Western banks.

  • HONG KONG, Oct 1- Some banks and other financial firms have begun moving staff to back-up premises on the outskirts of Hong Kong to prevent growing unrest in the financial hub from disrupting trading and other critical functions, two business services firms said.

  • MOSCOW, Oct 1- Russia's Central Bank will look into possible attempts at market manipulation through reports about the bank mulling the introduction of capital controls, TASS news agency reported on Wednesday. The Central Bank denied a media report on Tuesday that Russia was weighing the introduction of temporary capital controls.

  • YANGON, Oct 1- Myanmar has granted nine foreign banks, including three Japanese lenders and Australia's ANZ, approval to operate on a limited basis- a move aimed at spurring foreign investment in an economy emerging from decades of military rule.

  • *NPLs unsustainable in Romania, Bulgaria, Croatia, Serbia. LONDON, Sept 30- The ECB's health check of European banks could force some lenders to rethink their strategy in central and eastern Europe and even withdraw from parts of the region, according to the European Bank for Reconstruction and Development's new regional banking expert.

  • BUCHAREST, Sept 30- Romania's central bank cut its benchmark interest rate to a new record low of 3 percent on Tuesday, as benign inflation gave it room to help an economy that has dipped into recession.

  • Russia refutes capital controls: Report     Tuesday, 30 Sep 2014 | 11:11 AM ET

    CNBC's Michelle Caruso-Cabrera reports Russia's central bank does not plan to implement capital controls.

  • DUBAI, Sept 30- Gulf banks are feeling the pinch of rapidly shrinking corporate loan margins, with some predicting a bounce in lending rates as soon as the first half of 2015 as the escalating price war bites into profitability.

  • Revisiting the Lehman Bros bailout that never was Tuesday, 30 Sep 2014 | 6:42 AM ET
    Ben Bernanke

    For the first time, Fed officials have offered an account that differs significantly from the versions that, for many, have hardened into history.

  • MUMBAI, Sept 30- The Reserve Bank of India sent a strong signal on Tuesday that it will refrain from cutting interest rates until it is confident that consumer inflation can be reduced to a target of 6 percent by January 2016.

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