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  • US STOCKS SNAPSHOT-Wall St trims losses after Fed minutes Wednesday, 18 Feb 2015 | 2:12 PM ET

    NEW YORK, Feb 18- The Dow and S&P 500 trimmed losses and the Nasdaq was barely higher on Wednesday as minutes from the latest Federal Reserve meeting showed concern from policymakers about raising interest rates too soon.

  • WASHINGTON, Feb 18- Federal Reserve policymakers expressed concern last month that raising interest rates too soon could pour cold water on the U.S. economic recovery, and fretted over the impact of dropping "patient" from the central bank's interest rate guidance. At the central bank's last policy-setting meeting in January, Fed officials debated the impact...

  • Banks aren't lending. Here's who is   Wednesday, 18 Feb 2015 | 2:00 PM ET
    Banks aren't lending. Here's who is

    Consumers are turning to credit unions more and more for loans as credit at traditional banks remains tight. CNBC.com Finance Editor Jeff Cox reports.

  • Luxoft scoops up Excelian   Wednesday, 18 Feb 2015 | 11:40 AM ET
    Luxoft scoops up Excelian

    Luxoft has announced a deal to buy UK tech consultant firm Excelian. Dmitry Loschinin, CEO of Luxoft, weighs in.

  • *Clock ticks on Athens as ECB governors meet in Frankfurt. FRANKFURT, Feb 18- European Central Bank policymakers debated on Wednesday whether to allow more emergency funding for Greek banks with opinions divided as Athens came under pressure to accept an extended aid-for-reform program. "The question is how things will continue with Greece," said one European...

  • *Optimism for Greece deal cushions euro. NEW YORK, Feb 18- The U.S. dollar rose against a basket of major currencies on Wednesday on expectations that Federal Reserve policy meeting minutes will support a trend of higher U.S. yields, while the euro held within recent ranges on optimism over Greece. "There's a little bit more confidence with being long dollars...

  • *Could fund minority stake in Germany's Lanxess. DUBAI, Feb 18- State oil giant Saudi Aramco is talking to banks about taking a $10 billion loan for general business purposes, according to two banking sources aware of the matter, with one saying the deal could close by the end of the month. Aramco also has a $4 billion existing loan due to mature later this year, and has...

  • NEW YORK, Feb 18- More U.S. students continued to borrow larger sums for their college education last year, according to data from the Federal Reserve Bank of New York, while total student loan balances tripled over the last decade. The average balance was some $27,000. While the 2007-2009 recession depressed other forms of household debt, Americans continued to...

  • *Clock ticks on Athens as ECB governors meet in Frankfurt. FRANKFURT, Feb 18- The European Central Bank faces resistance from Germany to allowing any extra emergency lending for Greek banks, people familiar with the matter said, increasing pressure on Athens to sign up to an extended aid-for-reform programme. As Athens said on Wednesday it would ask for an...

  • JPMorgan reviewing size of trading units - Bloomberg Wednesday, 18 Feb 2015 | 5:41 AM ET

    Feb 18- JPMorgan Chase& Co is considering shrinking some of its trading businesses as it expects a new federal reserve proposal to make these businesses less profitable, Bloomberg reported. JPMorgan is reviewing the size of some of its capital-intensive units such as interest-rates trading, prime brokerage and delta-one equities desk, Daniel Pinto, chief...

  • Japan Post Bank has been known for its conservative asset management and its investment policy has been closely watched for any sign for changes under an ultra-low interest rate environment. Japan Post Holdings President Taizo Nishimuro told a news conference that Japan Post Bank needs to reconsider the management of its asset portfolio, more than half of...

  • Swiss prosecutor raids HSBC office, inquiry opened Wednesday, 18 Feb 2015 | 7:30 AM ET

    Geneva's public prosecutor searched HSBC's lakeside Swiss office after opening a criminal inquiry into allegations of aggravated money laundering.

  • Euro zone 'wouldn't survive a Grexit'   Wednesday, 18 Feb 2015 | 4:10 AM ET
    Euro zone 'wouldn't survive a Grexit'

    Richard Kelly, head of global strategy at TD Securities, says Greece's desire to receive money without conditionality was unacceptable to the euro zone.

  • JAKARTA, Feb 18- They might be late to the party, but central banks in Southeast Asia are joining the global rush of easier policy, as deflationary pressures create room for them to prop up faltering growth without weakening defences against capital outflows. Indonesia surprised markets with a rate cut on Tuesday, and Singapore eased its policy in January.

  • *BOJ maintains view economy recovering moderately. *Governor Kuroda to brief media 0630 GMT. TOKYO, Feb 18- The Bank of Japan maintained its massive asset buying stimulus spree on Wednesday and revised up its view on exports and output, even as data showing only a feeble recovery from recession tempers its optimism.

  • BOJ maintains stimulus, revises up view on output Tuesday, 17 Feb 2015 | 9:54 PM ET

    TOKYO, Feb 18- The Bank of Japan maintained its massive stimulus on Wednesday and revised up its assessment of output, signaling its confidence that the economy is set to recover without additional monetary stimulus. As widely expected, the BOJ decided to maintain its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 80...

  • DIARY-Top Economic Events to March 3 Tuesday, 17 Feb 2015 | 7:01 PM ET

    WASHINGTON- Federal Open Market Committee will release the minutes from its January policy meeting- 1900 GMT. NEW YORK- Federal Reserve Board Governor Jerome Powell gives a lecture, Financial Institutions, Financial Markets and Financial Stability, before the New York University Stern School of Business, Center for Global Economy and Business Lecture event-...

  • Resistance to support for Greek banks: Sources Tuesday, 17 Feb 2015 | 6:40 PM ET
    A woman holds a Greek flag as she takes part in an anti-austerity pro-government demonstration in front of the parliament in Athens February 11, 2015.

    The ECB faces resistance to allowing extra emergency lending for Greek banks, people familiar with the matter said, increasing pressure on Athens.

  • FRANKFURT, Feb 18- The European Central Bank faces resistance from Germany to allowing any extra emergency lending for Greek banks, people familiar with the matter said, increasing pressure on Athens to sign up to an extended aid-for-reform program. After talks between Greece and euro zone creditors broke down acrimoniously on Monday, the ECB's policymaking...

  • WASHINGTON, Feb 17- JPMorgan Chase& Co bears the highest potential hazard to the financial system if it were to fail, a staff study released by a U.S. government research agency showed, providing a first-of-its-kind numerical risk ranking of U.S. banks. Bank of America Corp was third at 3.06 percent, followed by Morgan Stanley and Goldman Sachs Group Inc, the study...

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