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  • LONDON, Aug 4- European stocks rose on Monday and bond yields fell on a banking sector rebound after Portugal prevented the collapse of one of its biggest lenders and shares in the continent's largest bank jumped in the wake of its latest earnings report.

  • *HSBC set to benefit from higher interest rates. LONDON, Aug 4- Europe's largest bank HSBC warned that regulators' zeal to punish wrongdoing was putting its staff off taking reasonable business risks, as it reported a 12 percent drop in first-half profit.

  • LONDON, Aug 4- Former Bank of England chief economist Spencer Dale is leaving the central bank, just two months after being moved to a new role, to become chief economist at oil major BP, the BoE said on Monday. The BoE said that it would advertise for a replacement for Dale, who will start his new role at BP- Britain's third-biggest listed company- on Oct. 27.

  • *Gold stabilises after falling 1.1 pct last week. LONDON, Aug 4- Gold prices steadied on Monday after a third successive weekly decline, supported by surprisingly weak U.S. payrolls data that dampened speculation the Federal Reserve will raise interest rates soon.

  • LONDON, Aug 4- As Europe's big investment banks and brokerages scale back their research efforts, particularly towards small and mid-sized companies, some hedge funds and other specialist players spy an opportunity.

  • Will KTB bond holders be paid back?     Monday, 4 Aug 2014 | 4:45 AM ET

    Otilia Dhand, vice president at Teneo Intelligence, discusses Bulgaria's KTB bank after the central bank placed it under special supervision.

  • Edward Hugh, independent economist, says that the Banco Espirito Santo bailout raises the question of whether a debt restructuring will be needed and who would be "carrying the can".

  • HSBC H1 pre-tax profit down 12%     Monday, 4 Aug 2014 | 4:15 AM ET

    CNBC's Helia Ebrahimi comments on HSBC's results and says that the picture for the banking sector remains laden with legacy costs.

  • Sir Mervyn King, Former Governor of Bank of England.

    The upcoming European banking asset quality review will represent the sector's "last chance" to prove its credibility.

  • Expect dismal Q2 earnings from HSBC: Analyst     Sunday, 3 Aug 2014 | 11:35 PM ET

    Jim Antos, Bank Analyst at Mizuho Securities Asia, says the lender's second quarter results will likely be disappointing as global recovery remains slow.

  • ISM- New York index July at 1345 GMT. SYDNEY, Aug 4- London copper was a tad firmer on Monday after weak U.S. employment data soothed concerns that the Federal Reserve would soon begin to draw back liquidity that has cushioned demand for metals.

  • France urges G-20 to discuss issue of US bank fines Sunday, 3 Aug 2014 | 8:34 PM ET

    France has gathered support to challenge regulators imposing penalties on banks at a G-20 meeting after $8.9 billion fine was levied on BNP Paribas.

  • SINGAPORE, Aug 4- Gold was well-supported above $1,290 an ounce on Monday as surprisingly weak U.S jobs data diminished fears the Federal Reserve will raise interest rates soon, and as weaker stocks prompted some safe-haven bids. *Spot gold was little changed at $1,293.06 an ounce by 0019 GMT, after gaining nearly 1 percent on Friday following the weak U.S. data.

  • Portugal in $6.6B rescue of Banco Espirito Santo Sunday, 3 Aug 2014 | 8:05 PM ET

    Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis.

  • LISBON, Aug 3- Portugal will spend 4.9 billion euros to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.

  • LISBON, Aug 3- Troubled Portuguese lender Banco Espirito Santo is expected to be split into "bad" and "good" banks under a multi-billion euro state rescue plan being hashed out by Lisbon and EU authorities, people familiar with the talks said on Sunday.

  • *No policy change expected but UK looks likely first mover. *India and Australia set to stay put. The European Central Bank, Bank of Japan, Bank of England and the central banks of India and Australia all hold meetings.

  • DIARY - Top Economic Events to Aug 15 Friday, 1 Aug 2014 | 8:00 PM ET

    WASHINGTON- Swedish Finance Minister Anders Borg holds a press conference from the U.S.-Africa Leaders Summit in Washington- 1100 GMT. ATHENS- European Commission President Jean-Claude Juncker visits Athens and meets Greek Prime Minister Antonis Samaras- 0800 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • Treasury takes a big step to fight dirty money Friday, 1 Aug 2014 | 2:07 PM ET

    Treasury is proposing a new regulation to make the financial system more transparent, says Undersecretary David Cohen.

  • *Food and medicine exempt from U.S., EU sanctions on Iran. LONDON/ ANKARA, Aug 1- It should have been a routine delivery of vegetable oil to Iran for making margarine; instead the tanker spent months in the Gulf as banks held up payment for the cargo, fearing they would run foul of international sanctions.

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