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  • *Global weakness, oil slide deepen c.bank' s inflation worries. *Fed wary of lowering price expectations by flagging risks. NEW YORK/ SAN FRANCISCO, Dec 1- With the U.S. economy humming along at its fastest clip in more than a decade, the Federal Reserve should be confident about its ability to weather a global slowdown and start lifting interest rates around the...

  • China drafts rules for bank deposit insurance Sunday, 30 Nov 2014 | 6:09 PM ET

    China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time.

  • BEIJING, Nov 30- China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps that pave the way for liberalising lending rates. The draft rules, issued by the Legislative Affairs Office of the State Council, China's cabinet, directly cover deposits of up to 500,000 yuan, according to a...

  • BEIJING, Nov 28- China has issued draft regulations to introduce deposit insurance of its banks for the first time, taking an important step that will pave the way for crucial interest rate reforms. The draft rules, issued by the State Council's Legislative Affairs Office, directly cover deposits of up to 500,000 yuan, according to a notice on the website of the...

  • BERLIN, Nov 29- German market watchdog Bafin has found isolated cases of possible criminal activity during its investigation into banks' practices in foreign exchange trading, the head of banking supervision was quoted as saying. Roeseler declined to confirm that a separate investigation into Deutsche Bank over possible efforts to manipulate benchmark...

  • BOGOTA, Nov 28- Colombia's central bank held the benchmark interest rate steady as expected on Friday, as inflation remains on target and policymakers worry about the economic impact of a drop in global oil prices. Oil is the biggest source of foreign exchange for Colombia, the fourth-largest oil producer in Latin America. Although the bank forecasts economic...

  • MOSCOW, Nov 28- Sanctioned Russian companies hoping to tap Asian bond markets for financing are struggling to find lawyers, underwriters or even bourses to help with potential deals, banking sources said on Friday. Some of Russia's largest firms and banks, including No. 2 bank VTB and leading oil producer Rosneft, have championed Russia's turn to the East after...

  • FRANKFURT, Nov 28- German European Central Bank policymaker Jens Weidmann said on Friday it was illusory to think central banks could increase a country's growth potential for a sustained period of time. The comments from Weidmann, chief of Germany's Bundesbank and arch-hawk on the ECB's policymaking Governing Council, came after the ECB's vice president...

  • LONDON, Nov 28- Euro zone banks that failed or barely passed this year's health checks will have to demonstrate they can make sustainable profits and may need to sell off loss-making units, the European Central Bank's top banking supervisor said. "Partly because of the financial situation in Europe and partly because of the structure of the banking systems in...

  • SHANGHAI, Nov 28- China stock indexes rose for the seventh straight session on Friday and posted their biggest monthly gains in nearly two years, led by banking shares on speculation that a deposit insurance scheme would be unveiled soon. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent to 2,808.82 points, the highest...

  • TOKYO, Nov 28- Japan's biggest banks have begun including their smaller regional peers in overseas project financing deals- a development pushed for by financial authorities keen for regional lenders to reduce their outsized dependence on government bond investments. Japan has more than 100 regional banks whose combined deposits account for about half...

  • Banking tricks blunt China's drive to increase lending Thursday, 27 Nov 2014 | 6:14 PM ET

    A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.

  • BUENOS AIRES, Nov 27- Argentina has charged HSBC with aiding more than 4,000 clients to evade taxes by stashing their money in secret Swiss bank accounts, the country's AFIP tax authority said on Thursday. AFIP said it received the information on the secret accounts from France, which last week placed HSBC's Swiss private banking arm under formal investigation...

  • BUENOS AIRES, Nov 27- Argentina has charged HSBC with aiding more than 4,000 citizens to evade taxes by stashing their money in secret Swiss bank accounts, the country's AFIP tax authority said on Thursday. AFIP said it received the information on the secret accounts from France, which last week placed HSBC's Swiss private banking arm under formal...

  • COLUMN-How JPMorgan struck gold with copper: Andy Home Thursday, 27 Nov 2014 | 8:59 AM ET

    JPMorgan was "outed" in the media as the controlling hand, which only fuelled further the whirl of speculation, given the same bank was proposing to launch an exchange-traded fund backed by physical copper. As is always the way with such things, JPMorgan declined to confirm or deny its involvement. Now, thanks to documents submitted to the U.S. Senate subcommittee...

  • JOHANNESBURG, Nov 27- Some investors in failed South African lender African Bank Investments have received offers for its preference shares, the company said on Thursday, a possible sign of interest in the bank ahead of a planned relisting. African Bank has 13.5 million preference shares listed in Johannesburg, according to Reuters data.

  • BEIJING, Nov 27- China's central bank has drawn up plans for the introduction of an insurance system for bank deposits, and the draft rules could be announced soon, three sources with knowledge of the matter said on Thursday. China has considered insuring savers' deposits for around two decades, but the plans took on new urgency in the past year as the country sought...

  • *Loans to private sector contract 1.1 pct m/m in Oct. FRANKFURT, Nov 27- Lending to euro zone households and firms contracted further in October, keeping up pressure on the European Central Bank to deliver further stimulus measures to buoy the lacklustre 18- country economy. "The latest money supply and bank lending data are of little comfort to the ECB and hardly...

  • Banking tricks blunt China's drive to increase lending Thursday, 27 Nov 2014 | 4:16 AM ET

    SHANGHAI, Nov 27- China hopes that last week's interest rate cut will increase lending into the economy to shore up flagging growth, but measuring any rise will be impeded by a number of tricks the country's bankers use to manipulate the figures. Chinese banks, which are heavily controlled by the government, are often instructed to match their lending practice to...

  • Credit Suisse, Assured Guaranty settle US lawsuit Thursday, 27 Nov 2014 | 3:48 AM ET

    Credit Suisse has reached a confidential settlement with Assured Guaranty.

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