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  • MOSCOW, March 13- Russia's second-largest bank VTB on Friday reported net profit of 0.8 billion roubles for the whole of last year. Its earnings were hurt by higher loan-loss provisions, which jumped to 275.4 billion roubles last year, and increased funding costs. A Reuters poll of analysts predicted the bank would post a net loss of 2.6 billion roubles for 2014....

  • MOSCOW, March 13- The Russian rouble traded slightly weaker against the dollar in early trade on Friday, ahead of a central bank monetary policy meeting at which the bank is expected to cut its main rate. "All eyes are on the Central Bank of Russia," analysts at VTB Capital wrote in a note. Rates in Russia are far higher than those in the West.

  • Oil helps Asian central banks stray from Fed's shadow Friday, 13 Mar 2015 | 12:16 AM ET

    But now, even with a U.S. rate rise looming, central banks in the region, including those in Singapore, China, India and Indonesia, have on eight occasions this year announced unexpected easing measures. Thailand and South Korea joined in with surprise rate cuts this week, and most of the central banks, including China's, have also been either guiding or permitting...

  • US to UK: Stop accommodating China Thursday, 12 Mar 2015 | 8:04 PM ET

    The White House accused the UK of a "constant accommodation" of China after the British government decided to join a large China-led financial institution. The Financial Times reports.

  • Buy these financial stocks: Analysts Thursday, 12 Mar 2015 | 5:56 PM ET
    A sign is displayed outside Citigroup Center in New York.

    For investors looking to get into financial stocks after the latest stress test, there are certain names that stand out, two analysts said.

  • March 12- Turkey is an object lesson in the dangers of political interference in monetary policy, made much worse when it is based on the economic equivalent of trying to repeal the law of gravity. Turkey's President Tayyip Erdogan, who seems to think high interest rates cause high inflation rather than the other way round, met with Central Bank Governor Erdem...

  • March 12- U.S. stocks closed up on Thursday, bouncing back from two days of losses, helped by a weaker dollar and a rally in banking shares.

  • Commerzbank to pay $1.45B, fire workers in US deal Thursday, 12 Mar 2015 | 1:22 PM ET
    Benjamin Lawsky, superintendent of the New York State Department of Financial Services.

    U.S. officials say Commerzbank carried out transactions with U.S.-sanctioned entities in Iran and Sudan.

  • OTTAWA, March 12- Do not count on the Bank of Canada to match possible interest rate hikes by the U.S. Economist Rhys Mendes told the House of Commons finance committee the Bank of Canada would view a Fed rate hike as a sign the U.S. economy is strengthening, which would be good for Canada. The bank targets inflation in Canada and decisions regarding monetary policy in...

  • Spain's Sabadell bids for TSB: Analyst   Thursday, 12 Mar 2015 | 12:00 PM ET
    Spain's Sabadell bids for TSB: Analyst

    British bank, TSB, has confirmed a £1.7bn approach by the Spanish bank, Sabadell. Filippo Alloatti, senior credit analyst at Hermes Investment Management, discusses further.

  • FEDERAL RESERVE TO RAISE FED FUNDS RATE IN JUNE, BUT ECONOMISTS NEARLY EVENLY SPLIT IN CLOSE CALL.

  • The broadsides from the two closely-aligned Northern European bankers underline that while the European Central Bank's bond-purchasing program has eased tension on financial markets, it has not removed underlying tensions between core Northern and Southern members of Europe's monetary union. Klaas Knot of De Nederlandsche Bank said that France is on...

  • *Offer values TSB at 340 pence per share. LONDON, March 12- British challenger bank TSB has received a takeover approach from Banco Sabadell, valuing the business at about $2.6 billion and sending its shares soaring by nearly a quarter. Sabadell, Spain's fifth-biggest bank, has made a proposal of 340 pence in cash for each TSB share, subject to reaching agreement on...

  • Saving Greece is not the ECB’s job: Weidmann Thursday, 12 Mar 2015 | 10:22 AM ET
    Jens Weidmann

    Resolving the fracas over funding Greece is a job for policymakers and Athens – not the ECB, the head of the German Bundesbank told CNBC on Thursday.

  • Federal Reserve raises interest rates the Bank of Canada would not necessarily be pressured to follow suit, one of the Canadian central bank's economists said on Thursday. Economist Rhys Mendes told the House of Commons finance committee that the Bank of Canada would view a Fed rate hike as a sign the U.S. economy is strengthening, which would be good for Canada.

  • *Wall St coming off extended decline. *Citigroup up in premarket after Fed review. NEW YORK, March 12- U.S. stock index futures pointed to a modestly higher open on Thursday as a surprise drop in retail sales pointed to a consumer that continued to struggle, but also eased some concern about how soon the Federal Reserve may raise interest rates.

  • Stress test gone wild?   Thursday, 12 Mar 2015 | 8:20 AM ET
    Stress test gone wild?

    Mike Mayo, CLSA senior analyst, weighs in on the Fed's stress test, and what regulators should do to eliminate uncertainty among banks.

  • What you should know about shadow banking   Thursday, 12 Mar 2015 | 8:17 AM ET
    What you should know about shadow banking

    CNBC's Steve Liesman provides insight to the growing dangers of unregulated alternative lending options as shadow banking returns to the mortgage market in a big way.

  • EU off the bottom, expect slow recovery: Roger Altman

    Roger Altman, Evercore Partners chairman, shares his thoughts on the Fed's stress test for banks and the rapid decline of the euro.

  • The broadsides from the two closely-aligned Northern European bankers underline that while the European Central Bank's bond-purchasing program has eased tension on financial markets, it has not removed underlying tensions between core Northern and Southern members of Europe's monetary union. Klaas Knot of De Nederlandsche Bank said that France is on...

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