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  • UPDATE 1-U.S. top court turns away Arab Bank appeal Monday, 30 Jun 2014 | 2:13 PM ET

    WASHINGTON, June 30- The U.S. Supreme Court on Monday left intact a lower court ruling against Jordan- based Arab Bank Plc for failing to supply documents in lawsuits accusing it of providing services to groups the United States brands as terrorist organizations.

  • *Zimbabwe bad loans well above regional average. HARARE, June 30- Zimbabwe's central bank is considering establishing a body to take over local lenders' non-performing loans and make it easier for them to attract new capital, its governor said on Monday.

  • SOFIA, June 30- Bulgaria's banking crisis eased on Monday, with fewer depositors queuing to withdraw savings after politicians assured them that their cash was safe and the European Commission gave Sofia the green light to provide state aid to its lenders.

  • Bulgaria: More about politics than banking?     Monday, 30 Jun 2014 | 11:00 AM ET

    David Hauner of BofA Merrill Lynch Global Research comments on the bank runs in Bulgaria, and says they are likely related to the Ukraine/Russia crisis.

  • Trian takes stake in BNY Mellon: Report     Monday, 30 Jun 2014 | 10:59 AM ET

    Trian Fund takes a position in Bank of NY Mellon, reports CNBC's Kate Kelly.

  • U.S. top court turns away Arab Bank appeal Monday, 30 Jun 2014 | 9:44 AM ET

    WASHINGTON, June 30- The U.S. Supreme Court on Monday left intact a lower court ruling that requires Jordan- based Arab Bank Plc to supply documents in lawsuits accusing it of providing services to groups the United States brands as terrorist organizations.

  • SOFIA, June 30- Bulgaria's banking crisis eased on Monday with fewer depositors queueing to withdraw savings after leading politicians assured them that their cash was safe and the European Commission gave Sofia the green light to provide state aid to its lenders.

  • Banking, travel stocks hurt European shares Monday, 30 Jun 2014 | 8:21 AM ET

    LONDON, June 30- European shares edged lower in choppy trading on Monday, with easyJet leading the travel and leisure sector lower following a downgrade by a major investment bank and Banco Popolare putting pressure on the banking sector.

  • *Luxembourg to probe Espirito Santo holding firms. LONDON, June 30- Portuguese government bond yields rose on Monday because of uncertainty about the country's largest bank, whose shares plunged as Luxembourg justice authorities launched a probe into three of its holding companies.

  • *Sells 43.85 bln rupees of bonds in 3 weeks via online platform. MUMBAI, June 30- India's central bank has quietly switched to using an electronic bond trading platform to manage cash levels in the debt market, hoping a more discreet approach will have less impact on bond yields, two officials familiar with the trades told Reuters.

  • MUMBAI, June 30- India's central bank has quietly switched to using an electronic bond trading platform to manage cash levels in the debt market, hoping a more discreet approach will have less impact on bond yields, two officials familiar with the trades told Reuters.

  • China leads top global bank rankings     Monday, 30 Jun 2014 | 4:40 AM ET

    Brian Caplen, editor at The Banker Magazine, discusses global banks and explains why Chinese banks top the magazine's Top Wold Banks rankings and why no euro zone bank figures in the top 10.

  • Is banking the 'new front' for wars?     Monday, 30 Jun 2014 | 4:00 AM ET

    Simon Maughan, head of research at OTAS Technologies, discusses the situation in Bulgaria following bank runs and says it highlights how banking is one of the biggest weaknesses for economies.

  • EU approves Bulgaria credit line for banking system Monday, 30 Jun 2014 | 2:47 AM ET

    The European Commission has approved a Bulgarian request to extend a credit line of $2.30 billion in support of banks.

  • Gertrude Tumpel-Gugerell, former member of the ECB executive board, says that loan demand in Europe is not as "dynamic" as it was in the pre-crisis years, but the banking sector is on "solid ground".

  • China Construction Bank, Agriculture Bank of China and Bank of China filled the top four positions. Banks in Japan made $64 billion of profit last year, or 7 percent of the global total, followed by banks in Canada, France and Australia, Brazil and Britain, The Banker said.

  • *Central-bank body's Shin warns of' destructive reversal'. FRANKFURT, June 29- Pension funds and other long-term investors are taking ever bigger risks and could be laying the ground for renewed turmoil when money gets more expensive, one of the world's leading economists told Reuters.

  • SEC judge suspends two KPMG auditors over bank case Friday, 27 Jun 2014 | 8:21 PM ET

    Carol Fox Foelak, an SEC administrative law judge, ruled on Friday that KPMG auditors John Aesoph and Darren Bennett overlooked "numerous red flags" when auditing TierOne Bank's 2008 financial statements.

  • DIARY - Top economic Events to July 10 Friday, 27 Jun 2014 | 8:01 PM ET

    ZURICH- Bank for International Settlements releases its annual report. IDAHO, United States- 2014 Montana and Utah Bankers Association meeting. PARIS- 6th International Economic Forum on Latin America and the Caribbean on Beyond the Golden Decade?

  • NEW YORK, June 27- Each month, 42- year-old Abdirizak Alibos shows up at a money transfer business in the heart of Minneapolis to send $500 to his three children in war-torn Somalia.

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