CNBC's Dominic Chu and Scott Wapner, discuss the outlook for the banks and if financials are ready make a big move.» Read More
July 30- Mortgage servicers in the United States are evolving into the next big lenders, sidestepping regulatory scrutiny to win business in a gap left by the retreat of big banks from the home-loan market.
MOSCOW, July 30- The Russian Central Bank said on Wednesday it was ready to provide banks hit by Western sanctions with liquidity through existing instruments if they face additional risks.
*European shares slip as Total hurt by Russia. LONDON, July 30- The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were near record lows ahead of inflation data expected to boost the case for further policy easing by the European Central Bank.
RUSSIA'S CENTRAL BANK SAYS BANKS HIT BY WESTERN SANCTIONS CAN COPE WITH ANY PROBLEMS, HAVE SUFFICIENT CAPITAL.
RUSSIA'S CENTRAL BANK SAYS WILL PROVIDE BANKS WITH LIQUIDITY THROUGH EXISTING INSTRUMENTS IF ADDITIONAL RISKS EMERGE DUE TO WESTERN SANCTIONS.
FRANKFURT, July 30- Euro zone banks have loosened their lending terms for businesses for the first time since the start of the financial crisis, the European Central Bank said on Wednesday, reducing one of the chief obstacles to an economic rebound.
MOSCOW, July 30- Russia's second-largest bank, VTB, said on Wednesday it was ready to borrow on financial markets outside the European Union and United States after it was included in new Western sanctions over the Ukraine crisis.
LONDON, July 30- Bankers who break rules on their conduct may have to hand back bonuses up to seven years after being awarded them, the Bank of England said on Wednesday as it unveiled some of the world's toughest curbs on the sector.
MOSCOW, July 30- VTB, Russia's second-largest bank by assets, called sanctions imposed by the United States "politically motivated" and "unjust" on Wednesday but said it was confident it could raise capital if needed.
U.K. authorities have announced plans to hit misbehaving bankers in the pocket, and could potentially demand the repayment of seven-year-old bonuses.
LONDON, July 30- The euro fell below $1.34 on Wednesday for the first time since last November before German inflation data that was likely to add to the case for the European Central Bank pumping more money into a moribund economy.
MOSCOW, July 30- Shares in Russia's second-largest bank VTB slid over 3 percent at the start of trading on Wednesday, but the broader stock market rose as investors had priced in the impact of a new wave of Western sanctions.
MOSCOW, July 30- Russia's Central Bank said on Wednesday it was ready to support domestic banks that were hit in the latest round of Western sanctions. The United States imposed sanctions on more Russian banks on Tuesday, targeting the country's second-largest lender VTB, its subsidiary the Bank of Moscow, and the Russian Agriculture Bank.
MOSCOW, July 30- Shares in Russia's second-largest bank VTB, targeted by the latest sanctions from the United States, opened down 3 percent on Wednesday, while the broad stock market and the rouble were stable.
WASHINGTON, July 30- The U.S. The central bank is widely expected to cut its monthly asset purchases to $25 billion from $35 billion, which would leave it on course to shutter the program this fall.
Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, discusses why Chinese financials are trading for less than its book value, despite minimal chances of a bankruptcy in the sector.
SINGAPORE, July 30- Gold was trading in a tight range below $1,300 an ounce on Wednesday, as investors nervously awaited the end of a Federal Reserve policy meeting to gauge the U.S. central bank's view on the economy and monetary policy.
July 29- New York's banking regulator is seeking to place government monitors in the U.S. offices of Deutsche Bank AG and Barclays Plc as part of its investigation into the foreign-exchange market, a person familiar with the matter said.
NEW YORK, July 29- World equity markets fell on Tuesday while the dollar reached eight-month highs against the euro on expectations of positive U.S. economic data and a more hawkish tone from the Federal Reserve.
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
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