• China's warehouse sector under scrutiny Sunday, 22 Jun 2014 | 7:22 PM ET
    A worker walks in front of a storage area in a logistics center at the Pudong free trade zone in Shanghai, China.

    After an investigation banks and trading houses are aware of the risks of storing commodities in China's warehouse sector.

  • NEW YORK, June 22- Bank of America Corp will announce on Monday it will lower the threshold for consumers who qualify for discounts on loans and other benefits as the No. 2 U.S. bank seeks to win more business from existing customers.

  • *China's CITIC Resources says unable to secure some metal. SYDNEY/ SHANGHAI June 23- Shaken by a fraud investigation into metal financing in the world's seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China's sprawling warehouse sector.

  • *Crisis hits Bulgaria ahead of bond road show. SOFIA, June 22- Bulgaria is ready to rescue Corporate Commercial Bank by injecting capital and enforcing losses on shareholders, the central bank said on Sunday, after a run on the country's No. 4 lender prompted the central bank to take it over on Friday.

  • DIARY - Top economic Events to July 3 Friday, 20 Jun 2014 | 8:01 PM ET

    TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the second 2014 Keizai Doyukai Members Meeting in Tokyo- 0600 GMT. FRANKFURT- ECB Vice President Vitor Constancio will hold a keynote speech at Concluding conference of the ESCB's Macro-prudential Research Network organized by the European Central Bank in Frankfurt- 0700 GMT.

  • BOGOTA, June 20- Colombia's central bank on Friday raised its benchmark lending rate by 25 basis points for the third straight month, an increase aimed at containing a recent rise in still-low inflation after a surge in first-quarter economic growth.

  • BUCHAREST, June 20- Bulgaria's financial regulator has ordered the stock exchange to suspend trading of Corporate Commercial Bank from Monday to Wednesday next week in order to protect investors and stabilise the market, it said in a statement on Friday.



  • KAMPALA, June 20- Uganda's central bank expects to ease monetary policy further and the government's plan to reduce public borrowing in the next fiscal year should keep a lid on government debt yields, a senior bank official told Reuters.

  • SOFIA, June 20- A run on Corporate Commercial Bank prompted Bulgaria's central bank to take control of the country's fourth-largest lender on Friday and its governor begged depositors to stay calm, saying: "Let's not tear down our house."

  • Chinese biz leaders frustrated with US     Friday, 20 Jun 2014 | 7:54 AM ET

    Ben White Politico chief economics correspondent, explains why the Chinese are fed-up with the U.S. after returning from a recent trip there.

  • SOFIA, June 20- Adverse media reports triggered a run on Bulgaria's Corporate Commercial Bank this week, the central bank governor said on Friday, appealing to depositors at the country's fourth-largest lender to keep calm.

  • BRUSSELS, June 20- A European Central Bank policy maker has floated the idea of widening the ECB's new policing of big banks to other financial players, providing a rare glimpse of its ambition to extend the reach of banking union.

  • Is BofA taking a play out of Jamie Dimon's book? Friday, 20 Jun 2014 | 6:13 AM ET
    Brian Moynihan, CEO of Bank of America

    Bank of America has asked the U.S. Attorney General to meet with its chief executive officer in an attempt to resolve differences over a mortgage settlement.

  • ECB: Too early for QE?     Friday, 20 Jun 2014 | 4:00 AM ET

    Christian Schulz, senior economist at Berenberg Bank, says it's still early for the ECB to start thinking about quantitative easing and comments on bank lending in the euro zone.

  • *Premature to discuss how, when to end QQE-Momma. TOKYO, June 20- The Bank of Japan has a variety of tools and ways to exit from its massive monetary stimulus, although it is premature to discuss when it will end its ultra-loose policy, a senior central bank official said in an article released on Friday.

  • TSB shares up 12% in London stock market debut Friday, 20 Jun 2014 | 3:11 AM ET

    Shares in TSB Banking Group were trading at 290 pence in early trading on Friday following its stock market debut, up 12 percent on the 260 pence price set for its initial public offering.

  • SHANGHAI, June 20- China's yuan rose modestly against the dollar for the second day on Friday, buoyed by a marginally stronger central bank midpoint and improved sentiment after the currency's recent rebound, traders said.

  • June 19- A North Carolina judge ruled on Thursday that a Justice Department lawsuit against Bank of America Corp could move forward, allowing the complainant 30 days to file its amended petition. The Department of Justice's lawsuit accuses Bank of America of civil fraud in the sale of mortgage securities that soured during the global financial crisis.

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