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  • JERUSALEM, Feb 25- Israel's short-term interest rates could be cut below zero and other monetary policy tools considered should the shekel strengthen further and threaten the economy's export-led recovery, a senior Bank of Israel official said. Bank of Israel Deputy Governor Nadine Baudot-Trajtenberg said while the central bank was "relatively...

  • Feb 25- Royal Bank of Canada, the country's biggest lender, said quarterly net profit jumped 17 percent, helped by gains in its personal and commercial banking and capital markets businesses. Net income rose to C $2.46 billion or C $1.65 per share, in the first quarter ended Jan. 31 from C $2.09 billion, or C $1.38 per share, a year earlier. RBC said on Wednesday personal...

  • Attractive opportunities in Europe: Pro   Wednesday, 25 Feb 2015 | 5:00 AM ET
    Attractive opportunities in Europe: Pro

    Jonathan Lavine, managing partner and CIO of Sankaty Advisors, says bank de-leveraging in Europe has opened opportunities for private lenders, as traditional sources of capital dries up for SMEs.

  • *Palladium prices hit 6- week high at $804.10/ oz. LONDON, Feb 25- Gold rose on Wednesday, recovering from the previous day's seven-week lows, after comments from Federal Reserve Chair Janet Yellen suggested the central bank would not be rushed into raising interest rates. The precious metal rose more than 1 percent to a session high earlier in Asia after Chinese...

  • Georgia's central bank says weak lari hurts imports Wednesday, 25 Feb 2015 | 5:53 AM ET

    TBILISI, Feb 25- A 30- percent weakening in Georgia's currency has already begun to hurt imports but the central bank has enough reserves to secure financial stability, its central bank chief Georgy Kadagidze said on Wednesday.

  • KIEV, Feb 25- Ukraine's central bank, which on Wednesday banned banks from trading currency on behalf of clients, reported the two first deals of the day at 12:30 pm at a rate of 24.00 hryvnia to the dollar, compared with the 31.63 Tuesday close. The total volume for the officially registered trades was only $170,000. The government has accused the central bank of...

  • LONDON, Feb 25- Emerging currencies strengthened versus the dollar on Wednesday and shares rose to 12- week highs, lifted by forecast-beating Chinese factory data and the Federal Reserve signaling it was in no rush to hike interest rates. Activity in China's factory sector edged up to a four-month high in February, while comments from Fed chair Janet Yellen...

  • KIEV, Feb 25- Ukrainian Prime Minister Arseny Yatseniuk denounced the central bank on Wednesday for banning most foreign currency trading for the rest of the week, saying the move was taken without consultation with the government and would harm the economy. "This morning I found out on the Internet that the central bank had independently and without...

  • *Yellen refrains from giving clear hint on rate hike timing. LONDON, Feb 25- The dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair Janet Yellen suggested the central bank would not be rushed into kicking off the U.S. interest rate tightening cycle. "Some investors were positioned for more hawkish comments and they were...

  • HSBC has a 'terrible list of problems': chairman Wednesday, 25 Feb 2015 | 10:55 AM ET
    HSBC

    Douglas Flint admits to UK parliamentary committee that oversees the financial industry that he couldn't rule out further scandals.

  • KIEV, Feb 25- Ukraine's central bank said on Wednesday it would prevent commercial banks from buying foreign currency for clients until Feb. 28.

  • UKRAINE CENTRAL BANK SAYS BANKS HAVE NO RIGHT TO BUY FOREIGN CURRENCY FOR CLIENTS FROM TODAY UNTIL FEB 28.

  • HSBC bosses to face grilling from lawmakers   Wednesday, 25 Feb 2015 | 1:15 AM ET
    HSBC bosses to face grilling from lawmakers

    Stewart Hosie MP, member of the Treasury Select Committee, discusses what U.K. lawmakers are going to be asking the bosses of HSBC following revelations about the bank's tax arrangements.

  • China c.bank newspaper warns of rising deflation risk Wednesday, 25 Feb 2015 | 12:45 AM ET

    SHANGHAI, Feb 25- China is dangerously close to slipping into deflation, the central bank's newspaper warned on Wednesday, highlighting increasing nervousness in policymaking circles as a sputtering economy struggles to pick up speed despite a raft of stimulus steps. As a slowdown in China's economy over the past year was accompanied by a chill in global...

  • Democrats lodge U.S. Export-Import Bank survival plan Wednesday, 25 Feb 2015 | 12:00 AM ET

    WASHINGTON, Feb 25- Democratic lawmakers will unveil a plan on Wednesday to keep the U.S. Export-Import Bank open for another seven years and expand its lending as a clash over the bank's future intensifies. Legislation backed by Democratic Whip Steny Hoyer and colleagues Maxine Waters, Gwen Moore and Denny Heck would reauthorize Ex-Im, which provides support...

  • SINGAPORE/ TOKYO, Feb 25- The dollar edged down against the yen on Wednesday after Federal Reserve Chair Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen said the Fed is preparing to consider interest rate hikes "on a...

  • TOKYO, Feb 25- The dollar edged down against the yen and euro early on Wednesday after Federal Reserve Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates. In closely watched remarks before the U.S. Senate Banking Committee on Tuesday, Yellen avoided the word "patient" in describing the Fed's approach to raising...

  • TOKYO, Feb 25- Asian stocks rose on Wednesday thanks to gains on Wall Street after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates, a reassuring signal for investors worried about a deteriorating global outlook. In remarks to the Senate Banking Committee, Yellen said the U.S. central bank was preparing to consider...

  • 6 ways to trade the big banks Tuesday, 24 Feb 2015 | 6:53 PM ET
    A sign hangs on One Chase Plaza in lower Manhattan.

    Some CNBC "Fast Money" traders were impressed by JPMorgan Chase's trimming plan, while others saw upside elsewhere in financials.

  • NEW YORK, Feb 24- JPMorgan Chase& Co said on Tuesday the bank has been questioned by the U.S. Department of Justice over auto lending practices that possibly resulted in discrimination. JPMorgan is the fifth-largest U.S. auto lender behind Ally Financial Inc, Wells Fargo& Co, Toyota Motor Corp's in-house lending arm and Capital One Financial Corp, according to...

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