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  • Taxpayers lost out in first sale of Lloyds shares Tuesday, 17 Dec 2013 | 8:32 PM ET

    The first sale of state-owned shares in Lloyds Banking Group resulted in a £230 million loss for taxpayers. The FT reports.

  • FOREX-Dollar on defensive as Fed verdict looms Tuesday, 17 Dec 2013 | 7:45 PM ET

    TOKYO, Dec 18- The dollar was on the back foot against the euro and the yen on Wednesday as traders cautiously looked to what the Federal Reserve will do with its stimulus-- a major force that has simultaneously underpinned riskier global assets and restrained the dollar in recent years.

  • Federal Reserve's plans to scale back its massive stimulus program is far less of a concern now than it was earlier this year, Bank of Canada Governor Stephen Poloz told Reuters on Tuesday.

  • US preparing Citigroup, Merrill Lynch charges Tuesday, 17 Dec 2013 | 6:04 PM ET

    The U.S. Justice Department is preparing to file civil fraud charges against Citigroup and Bank of America's Merrill Lynch unit.

  • Federal Reserve's plans to scale back its massive stimulus program is far less of a concern now than it was earlier this year, Bank of Canada Governor Stephen Poloz told Reuters on Tuesday.

  • Dec 17- The U.S. Justice Department is preparing to file civil fraud charges against Citigroup Inc and Bank of America's Merrill Lynch unit over their sale of flawed mortgage securities ahead of the financial crisis, according to people familiar with the probes.

  • *U.S. budget deal clears crucial vote in U.S. Senate. NEW YORK, Dec 17- U.S. stocks closed slightly lower on Tuesday, with investors reluctant to make big bets before the results of a Federal Reserve meeting that could give some clarity as to when the central bank will begin trimming its stimulus.

  • NEW YORK, Dec 17- The dollar slipped against the euro and yen on Tuesday, trading in narrow ranges as investors awaited an announcement from the Federal Reserve on the central bank's stimulus program.

  • NEW YORK, Dec 17- U.S. stocks closed slightly lower on Tuesday, with investors reluctant to make big bets before the results of a Federal Reserve policy-setting meeting, which could help answer when the central bank will begin trimming its stimulus.

  • *Deep differences between Germany and France. BRUSSELS, Dec 17- Euro zone finance ministers started tense talks on Tuesday to agree the details of one of their most ambitious financial reforms yet with a scheme to close banks, a deeply divisive issue on which Germany has dug in its heels.

  • COLUMN -Fed may wait, you shouldn't: James Saft Tuesday, 17 Dec 2013 | 3:00 PM ET

    Dec 17- The Federal Reserve probably won't taper when it meets this week, though maybe it should. Financial markets definitely ought to sell off no matter what the Fed does, but almost certainly they won't.

  • WASHINGTON, Dec 17- U.S. Senate Republican leader Mitch McConnell said on Tuesday he will oppose President Barack Obama's appointment of Janet Yellen as the next head of the Federal Reserve, citing concerns about her willingness to defend the dollar.

  • FOREX-Dollar edges higher as markets await Fed decision Tuesday, 17 Dec 2013 | 12:19 PM ET

    *Dollar marginally up, focus is on the Fed's decision. NEW YORK, Dec 17- The dollar drifted higher on Tuesday, trading in narrow ranges, as investors continued to adjust positions ahead of this week's key decision on bond-buying by the U.S. "The Fed is going to come out and say something about the taper," said John Hardy, head of FX strategy at Saxo Bank in London.

  • WASHINGTON, Dec 17- U.S. consumer prices were flat in November, but the lack of inflation pressures in the economy will probably not stop the Federal Reserve from scaling back its bond-buying program soon. The Labor Department said on Tuesday its Consumer Price Index was restrained last month by declines in gasoline and natural gas prices.

  • LONDON, Dec 17- Gold fell 1 percent on Tuesday as investors awaited the outcome of the latest Federal Reserve policy meeting, amid expectations that the U.S. central bank may be set to trim its bullion-friendly economic stimulus. Spot gold was down 0.8 percent at $1,230.30 an ounce by 1545 GMT, having hit a low of $1,227.44.

  • CAIRO, Dec 17- Egypt's central bank has told banks to conform to international market rates in official trading of non-U.S. dollar foreign currencies, a move that traders said could discourage banks from selling euros and boost black market trade.

  • Dec 17- M&T Bank Corp said it now expected its acquisition of Hudson City Bancorp Inc to close at the end of 2014 instead of Jan. 31 as it does not expect the Federal Reserve to act on its application before the latter part of the year.

  • What kids want to learn about money Saturday, 14 Dec 2013 | 7:00 AM ET

    Financial literacy teaching tools are everywhere, but young people aren't getting any smarter about money. Here's what kids say they want to learn.

  • European shares slip; CGG tumbles 15 pct Tuesday, 17 Dec 2013 | 7:13 AM ET

    PARIS, Dec 17- European shares fell on Tuesday, trimming some of the previous session's gains, before a two-day Federal Reserve meeting where the central bank may decide to start tapering down its monetary stimulus.

  • JPMorgan bans multidealer online chat rooms Tuesday, 17 Dec 2013 | 6:33 AM ET
    JPMorgan & Chase Co. signage outside of the company's headquarters in New York.

    JPMorgan Chase is banning the use of multidealer online chat rooms and the use of such chat rooms among staff for social purposes.

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