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  • *Euro starts steady in Europe ahead of ECB decision. LONDON, Jan 22- The euro held fast more than a cent above 11- year lows ahead of a European Central Bank policy meeting on Thursday widely expected to embark on the outright money-printing the bank has steadfastly avoided, in contrast to its peers. "The market is convinced the euro will continue to fall, but that the...

  • Tech will 'transform' banking: Barclays boss  Thursday, 22 Jan 2015 | 3:00 AM ET

    Speaking at the World Economic Forum in Davos, Antony Jenkins, CEO of Barclays, says that banking technology is making the lives of customers easier.

  • Antony Jenkins, CEO of Barclays, says the company is working with the regulators to resolve litigation issues and hopes to put some of those problems behind it in 2015.

  • PARIS, Jan 22- French Finance Minister Michel Sapin said on Thursday that Germany should remember to respect the independence of the European Central Bank after the head of Germany's central bank said its action was subject to legal limits. The ECB has won crucial legal support for its pledge to buy government bonds, a measure supported by the French government...

  • MILAN, Jan 22- China's central bank is continuing to invest in Italian companies, its governor was quoted as saying in a leading Italian daily on Thursday, after People's Bank of China built holdings in several Italian blue-chips over the past year. "We continue to buy stakes in Italian companies, but now we're careful to remain below the 2 percent threshold so that...

  • SHANGHAI, Jan 22- The yuan strengthened against the dollar on Thursday in line with a slightly stronger midpoint set by the People's Bank of China, but the market brushed aside news the central bank had injected short-term money into the banking system. The central bank injected 50 billion yuan via seven-day reverse repurchase agreements in its regular open...

  • China stocks slip as hopes for monetary stimulus cool Wednesday, 21 Jan 2015 | 11:59 PM ET

    SHANGHAI, Jan 22- China's stocks slipped early Thursday after a comment by the country's central bank governor that monetary policy should remain "stable" disappointed investors wanting a policy move to help speed up growth. Speaking at the World Economic Forum in Davos, People's Bank of China chief Zhou Xiaochuan said there was no serious nationwide housing...

  • SYDNEY/ SINGAPORE, Jan 22- The euro held steady on Thursday as investors awaited details of a sovereign bond-buying programme that the European Central Bank is seen likely to announce later in the day. A euro zone source said on Wednesday the ECB's Executive Board has proposed a programme that would enable the bank to buy 50 billion euros in bonds per month...

  • Jan 22- Regulatory measures to curb China's shadow banking growth appear to be having an effect and have prompted a shift in credit activity back to the formal banking system, Moody's Investors Service said on Thursday. "Although shadow banking has continued to grow, it has done so more slowly in recent quarters as regulatory measures to rein in the sector's...

  • *Bank of Korea wary over global market volatility. SEOUL, Jan 22- South Korea is closely watching rising volatility in financial markets sparked by rate cuts around the world, the central bank governor said, and pointed to the European Central Bank policy decision later in the global day as a key moment for investors. Bank of Korea Governor Lee Ju-yeol said...

  • Why CIMB walked away from a three-way merger  Wednesday, 21 Jan 2015 | 8:24 PM ET

    Nazir Razak, Chairman of CIMB, explains why a planned merger with RHB and Malaysia Building Society to create Malaysia's biggest bank fell through.

  • TOKYO, Jan 22- Japanese government bond prices resumed rising on Thursday as investors picked up bargains after the market dipped in response to the Bank of Japan's decision to stand pat on monetary policy. Market activity was subdued as a wait-and-see mood prevailed ahead of the closely-watched European Central Bank meeting later in the day.

  • DIARY- Top Economic Events to Feb 5 Wednesday, 21 Jan 2015 | 7:01 PM ET

    EDINBURGH, Scotland- Bank of England monetary policy committee member David Miles gives a speech at University of Edinburgh on "What can monetary policy do?" LONDON- Bank of England regulator Paul Fisher speaks at the Westminster Business Forum Insurance event- 0925 GMT. LONDON- Bank of England regulator Andrew Gracie gives speech at cyber-security conference...

  • BRASILIA, Jan 21- Brazil hiked interest rates on Wednesday to maintain its aggressive pace of monetary tightening, leaving the door open for more rate hikes in an effort to arrest high inflation and regain the trust of investors. However, a widening fiscal gap and the rapid pace of inflation has forced Brazil's central bank to row against the current tide of...

  • SYDNEY, Jan 22- The Canadian dollar languished at its lowest in nearly six years early on Thursday, having suffered a massive drop after the Bank of Canada stunned markets by cutting interest rates. The surprise easing came as the European Central Bank is widely expected to launch a large-scale sovereign bond-buying program. The Canadian dollar skidded almost...

  • TORONTO, Jan 21- Canada's main stock index rallied on Wednesday after the central bank cut its benchmark rate in a shock move, helping boost shares of energy companies as well as interest-sensitive banks and other financial issues. "The Bank of Canada's surprise cut to its overnight rate will help to buffer against the impact on employment, household incomes and...

  • OTTAWA, Jan 21- The Bank of Canada stunned markets by cutting interest rates on Wednesday, citing a threat to economic growth and its inflation targets from the dramatic drop in oil prices and said the bank stood ready to ease policy further if necessary. Governor Stephen Poloz said the central bank's surprise move to stimulate the economy provides "insurance"...

  • Not only have the Indian, Danish and now Canadian central banks surprised with interest rate cuts, the Swiss National Bank confounded expectations last week by abandoning its vow to cap the value of the franc against the euro just days after calling the peg a "cornerstone" of Swiss monetary policy. Virtually no economist expected the Bank of Canada to cut rates, as...

  • TD CEO: No deflation yet  Wednesday, 21 Jan 2015 | 3:17 PM ET

    Fred Tomczyk, TD Ameritrade President & CEO, discusses disinflation trends in the economy, and the company's quarterly earnings.

  • *Yields rise on ECB bond purchase reports, Canada rate cut. Treasury yields rose on Wednesday as investors unwound positions on reports that European Central Bank has proposed 50 billion euros worth of monthly bond purchases, and after the Bank of Canada made a surprise interest rate cut. The Bank of Canada surprise cut played havoc, with the yield curve going...

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