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  • Fed shifts regulatory power away from New York -WSJ Thursday, 5 Mar 2015 | 8:17 AM ET

    WASHINGTON, March 5- The regulatory power of the Federal Reserve Bank of New York has shifted to a committee in Washington established in a previously undisclosed paper written in 2010, the Wall Street Journal reported on Thursday. The change, which the newspaper said had been enacted slowly during the past five years, moves the center of banking oversight to...

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11 1/ 2- year low against the dollar and European stocks nudged higher on Thursday, as the European Central Bank prepared to lay out the details of its impending 1 trillion-euro stimulus plan. The common currency fell as low as $1.1026, its lowest since September 2003, and the region's...

  • *Results of the Dodd-Frank Act stress tests, at 4:30 p.m. EST. *Aggregate Reserves of Depository Institutions and the Monetary Base, at 4:30 p.m. EST. *Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks, at 4:30 p.m. EST.

  • NICOSIA, Cyprus— European Central Bank holds key interest rate at record low as it prepares to start stimulus.

  • Norman Lamont, former U.K. Chancellor of the Exchequer and chairman of the Small Companies Dividend Trust, comments on the upcoming U.K. budget.

  • *Citi's sale of Akbank stake drags down banking stocks. ISTANBUL, March 5- The Turkish lira dropped to an all-time low on Thursday and bank stocks tumbled, as concern grew over President Tayyip Erdogan's battle with the central bank and the future of the government's economic team. Efforts by Turkish Prime Minister Ahmet Davutoglu and his economic team to soothe...

  • Bank of England votes to keep interest rates steady Thursday, 5 Mar 2015 | 7:01 AM ET

    LONDON— The Bank of England has opted to keep interest rates steady at 0.5 percent even as the economic recovery brings the prospect of rate hikes closer. Governor Mark Carney has suggested rates could fall if inflation remains low, but said that's unlikely. Samuel Tombs, economist at Capital Economics, says the bank is likely to remain in "wait and see" mode until...

  • BoE keeps rates on hold: Reaction  Thursday, 5 Mar 2015 | 6:45 AM ET

    The Bank of England has announced this month's rate decision, which remains unchanged. Peter Chatwell, interest rate strategist at Mizuho International, gives his response, whilst discussing the sterling currency.

  • Why the UK gilt curve could steepen further  Thursday, 5 Mar 2015 | 6:40 AM ET

    Peter Chatwell, interest rate strategist at Mizuho International,says there's room for the UK guilt curve to steepen further as political risks have not yet been factored in.

  • European Central Bank: Recovery is strengthening Thursday, 5 Mar 2015 | 6:32 AM ET

    NICOSIA, Cyprus— The European Central Bank will unleash its 1.1 trillion euro stimulus program on Monday— and says the prospect is already boosting the eurozone economy. Mario Draghi, the bank's president, said consumers and businesses in the 19 euro countries are benefiting not only from cheaper energy prices but also from optimism over the coming stimulus.

  • LONDON, March 5- The British subsidiary of Bank of Beirut has been fined 2.1 million pounds and barred from signing up new customers from some jurisdictions for 126 days after misleading the banking watchdog over its financial crime controls. In its first such sanction on a bank, the Financial Conduct Authority said on Thursday that it had also fined two of the...

  • London housing market needs radical change: CEO  Thursday, 5 Mar 2015 | 6:20 AM ET

    Killian Hurley, CEO of Mount Anvil, tells CNBC that London's housing market needs radical change and says supply, not demand, is the central issue.

  • TULIN SAYS CENTRAL BANK DOES NOT RULE OUT CUTTING MINIMUM RESERVES REQUIREMENT FOR BANKS, BUT SEES NO NEED FOR NOW.

  • MOSCOW, March 5- The Russian central bank's First Deputy Governor Dmitry Tulin said the bank's monetary policy, which targets inflation, remains tight, but March's rate decision will depend on the latest macroeconomic data. "Based on February data our policy remains tight," Tulin said in an interview authorized for release on Thursday. The central bank, which...

  • MOSCOW, March 5- The first deputy governor of Russia's central bank, Alexei Simanovsky, said on Thursday that Russian banks' retail deposits could rise by 8 percent this year but added that was a "bold" forecast.

  • Continental to work with Apple?  Thursday, 5 Mar 2015 | 5:30 AM ET

    Elmar Degenhart, CEO of Continental, said he'd be "happy" to work alongside the likes of Apple on a potential car.

  • What's driving Continental?  Thursday, 5 Mar 2015 | 5:30 AM ET

    Elmar Degenhart, CEO of Continental, talks about the health of the auto market and his own company's developments.

  • The art of central bank talk  Thursday, 5 Mar 2015 | 4:50 AM ET

    As central banks are aware that what they say impacts the markets, the banks "agonize" over each statement's language says Michael McMahon, associate professor at University of Warwick.

  • *Lack of deal in Iran nuclear talks support crude oil. LONDON, March 5- The euro hit an 11- year low against the dollar and the region's stocks nudged higher on Thursday, as the European Central Bank prepared to provide the finer details of its soon-to-be-launched 1 trillion euro stimulus plan. The common currency fell to as low as $1.1026, its lowest level since...

  • Standard Bank's 'secret to success'  Thursday, 5 Mar 2015 | 4:10 AM ET

    Standard Bank has posted its latest set of earnings. Sim Tshabalala, CEO of Standard Bank, discusses the results.

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