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  • Citi fires 11 more in Banamex fraud probe: Memo Wednesday, 14 May 2014 | 10:15 AM ET

    Citigroup has fired 11 more people after an internal investigation found lax controls and bogus loans at its Mexico unit, Banamex.

  • *Fed to buy $350 mln- $600 mln bonds due 2024-2031. Treasuries yields fell to six-month lows on Wednesday, with prices rallying with German government bonds on expectations the European Central Bank will cut interest rates in June as the region grapples with low inflation, even as U.S. producer price data showed solid gains.

  • TOKYO, May 14- Japan's three biggest banks beat market forecasts with record annual profits, fuelled by a stock market boom, but said earnings will fall this business year as the glow of "Abenomics" fades and lending gains remain restrained.

  • *Mersch, Praet point to gradual pick up in loan demand. BERLIN, May 14- Top European Central Bank policymakers highlighted on Wednesday the importance of banks being able to meet rising loan demand as the economy recovers, suggesting the ECB may consider another liquidity injection.

  • BEIJING, May 14- Hong Kong shares hit a three-week high on Wednesday, as property and banking stocks continued to rise after China's central bank urged mainland lenders to speed up the granting of home loans. China Overseas Land& Investment Ltd jumped 4.1 percent and China Resources Land Ltd gained 6.0 percent.

  • TOKYO, May 14- Japanese banks' profits are likely to fall this business year from last when stock-related gains sent earnings soaring, but the overseas reach of Mitsubishi UFJ Financial Group Inc will ensure the biggest lender by assets loses out the least.

  • *Tencent volatile ahead of earnings. BEIJING, May 14- Hong Kong shares hit a three-week high on Wednesday as investors snapped up property and banking stocks after China's central bank urged mainland banks to speed up the granting of home loans. The China Enterprises Index of the top Chinese listings in Hong Kong also gained 0.9 percent.

  • Big night for philanthropy at Robin Hood Gala     Tuesday, 13 May 2014 | 5:55 PM ET

    The Robin Hood Foundation's annual gala raised $60 million to help fight poverty. The annual event, held Monday at New York's Jacob Javitz Center, gathers a crowd of bankers and hedge fund titans and is one of New York's most significant charity events each year.

  • Mike Mayo's #1 bank pick     Tuesday, 13 May 2014 | 5:30 PM ET

    Discussing regulatory pressure on the banks, and what his top pick is, with Mike Mayo, CLSA bank analyst.

  • BNP in talks to pay $3B to end US probes: Sources Tuesday, 13 May 2014 | 2:18 PM ET
    A sign with the BNP Paribas logo hangs above one of the bank's branches in Paris, France.

    BNP Paribas is in talks with the US to pay more than $3 billion to resolve probes into whether it violated US sanctions.

  • Geithner on the financial crisis     Tuesday, 13 May 2014 | 11:00 AM ET

    Former Treasury Secretary Timothy Geithner, one of the most pivotal and controversial figures during the financial crisis, defends his actions and reveals what he would do over.

  • Morgan Stanley still working on Rosneft deal     Tuesday, 13 May 2014 | 10:46 AM ET

    CNBC's Mary Thompson reports from the Morgan Stanley annual shareholder meeting where CEO James Gorman spoke about selling part of its commodities business to Russia's Rosneft.

  • MF Global lawyers seek cap on Corzine's legal fees Tuesday, 13 May 2014 | 8:02 AM ET
    Jon Corzine testifies at a Capitol Hill hearing on Dec. 15, 2011.

    Lawyers for defunct brokerage MF Global asked a U.S. bankruptcy judge to limit mounting legal fees incurred by Jon Corzine and other former insiders.

  • Europe shares rise on upbeat earnings, Bundesbank talk Tuesday, 13 May 2014 | 7:15 AM ET

    PARIS, May 13- European stocks rose on Tuesday, with a number of benchmarks hitting multi-year highs, boosted by upbeat company results and a report saying Germany's central bank is ready to back new stimulus measures from the European Central Bank.

  • JOHANNESBURG, May 13- South Africa's Nedbank reported an 8.7 percent jump in net interest income in the first quarter after a lending push grew total advances by nearly 15 percent. Nedbank is expected to exercise its rights to take up a 20 percent stake in pan-African lender Ecobank Transnational by Nov. 25 after lending the Togo- based bank $285 million.

  • RIYADH, May 13- Economic conditions in the United States would have to shift dramatically for the Federal Reserve to change the rate at which it is winding down its money-printing programme, a senior official at the central bank said on Tuesday.

  • *C.bank tells banks to relax mortgage lending-sources. BEIJING/ HONG KONG, May 13- China's central bank has asked commercial banks to speed up the granting of home loans and to set mortgage rates at reasonable levels, four sources told Reuters on Tuesday, underlining its efforts to support the flagging property market as the economy cools.

  • RIYADH, May 13- Economic conditions in the United States would have to change dramatically for the Federal Reserve to pause or reverse pace of winding down its money printing quantitative easing programme, a top official at the central bank said on Tuesday.

  • RIYADH, May 13- Economic conditions in the United States would have to change dramatically for the Federal Reserve to pause or reverse pace of winding down its money printing quantitative easing programme, a top official at the central bank said on Tuesday.

  • Federico Ghizzoni, CEO of Unicredit, says the Italian lender will get through the European Central Bank's stress tests without major problems, but it will be a "tough exercise" for the region's banking sector.

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