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  • UPDATE 1-CIBC reports stronger third-quarter profit Thursday, 28 Aug 2014 | 6:49 AM ET

    TORONTO, Aug 28- Canadian Imperial Bank of Commerce reported a higher third-quarter profit on Thursday, helped by strong gains at its wealth management and investment dealer divisions. Canada's 5th largest lender said its net income rose to C $921 million, or C $2.26 per share in the quarter ended July 31, from C $878 million, or C $2.13 a year earlier.

  • India urges millions of poor to open bank accounts Thursday, 28 Aug 2014 | 4:16 AM ET

    NEW DELHI— India's state-owned banks are conducting a massive campaign to open millions of accounts for poor Indians who are off the financial grid and vulnerable to black market money lenders. "The goal is to sign up 150 million people by 2018. About half of India's 1.2 billion people lack bank accounts.

  • FRANKFURT, Aug 28- Lending to companies and households in Portugal fell at the fastest rate since records started in January 2004 in July, data from the European Central Bank showed on Thursday, highlighting one of the impediments to growth in the euro zone.

  • HONG KONG, Aug 28- Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings. The Hang Seng Index closed down 0.7 percent at 24,741.00 points. China Construction Bank and Industrial and Commercial Bank of China both shed 1.2 percent.

  • HONG KONG, Aug 28- China shares slipped on Thursday as a batch of initial public offerings started taking subscriptions, diverting money from existing stocks and pulling down the indexes to multi-week lows. Agricultural Bank of China, joining two other major banks, late on Tuesday reported slowing profit growth and rising bad loans for the second quarter.

  • NEW YORK, Aug 27- The euro rebounded from a 13- month low on Wednesday after a report suggested the European Central Bank might not introduce more stimulus next week while major U.S. stock indexes were little changed, with the S&P 500 clinging near the 2,000 milestone.

  • WASHINGTON, Aug 27- The Federal Reserve said on Wednesday it will hold an open meeting to discuss a final rulemaking to implement bank related regulations pertaining to liquidity ratios and margin requirements for non-cleared swaps.

  • TORONTO, Aug 27- National Bank of Canada, the country's sixth-largest lender, reported a stronger-than-expected profit on Wednesday, helped by a sharp jump in earnings at its wealth management and financial markets arms.

  • *Helaba, big savings banks, BNY Mellon form joint venture. FRANKFURT, Aug 27- Helaba, the German landesbank, has unveiled a joint venture with U.S. banking group BNY Mellon and the country's 25 largest savings banks to help corporate customers to expand foreign trade with Asia.

  • TORONTO, Aug 27- National Bank of Canada, the country's sixth-largest lender, reported a stronger quarterly profit on Wednesday, helped by a sharp jump in earnings at its wealth management and financial markets arms.

  • National Bank of Canada reports stronger quarterly profit Wednesday, 27 Aug 2014 | 7:34 AM ET

    TORONTO, Aug 27- National Bank of Canada, the country's sixth-largest lender, reported a stronger quarterly profit on Wednesday, helped by a sharp jump in earnings at its wealth management and financial markets arms.

  • *JP Morgan calls for ECB rate cut next week. LONDON, Aug 27- German Bund yields reached record lows on Wednesday, as further evidence of the region's faltering economy fed market expectations for more European Central Bank stimulus.

  • *Germany's Schaeuble says Draghi comments' over-interpreted'. LONDON, Aug 27- German Bund yields fell back towards record lows on Wednesday, as further evidence of the bloc's faltering economy fed market expectations for more European Central Bank stimulus.

  • WASHINGTON, Aug 26- Three regional Federal Reserve banks, whose presidents are among the more hawkish of U.S. central bankers, continued to press for an increase in the Fed's emergency lending rate ahead of last month's policy-setting meeting, according to minutes on Tuesday.

  • TORONTO, Aug 26- Bank of Nova Scotia and Bank of Montreal posted higher third-quarter profits on Tuesday, benefiting from gains at their traditional Canadian lending arms as well as the impact of buoyant capital markets.

  • *Alcoa to shut Sardinian ops, cut aluminium capacity by 150,000 T. LONDON, Aug 26- Aluminium touched a 18- month peak on Tuesday, boosted by a big long position and declining available stocks, with metals markets also supported by hopes the European Central Bank would implement stimulus measures.

  • AP survey: Fed's outlook correct but not solution Tuesday, 26 Aug 2014 | 11:41 AM ET

    WASHINGTON— Economists appear to be of two minds about the Federal Reserve. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk stoking inflation or creating asset bubbles. Still, they're concerned that Janet Yellen's Fed won't raise rates soon enough.

  • NEW YORK, Aug 26- World stock indices rose on Tuesday and European bond yields fell on expectations of more stimulus from the European Central Bank and on strong U.S. data. Speculation grew that the European Central Bank is preparing a program of large-scale asset purchases to weaken the euro and try to jump-start growth in the struggling euro zone.

  • Leucadia backs SAC alum despite previous scandal Tuesday, 26 Aug 2014 | 10:12 AM ET
    Richard Handler, chairman and chief executive officer of Jefferies Group Inc.

    Jefferies is backing a former senior SAC executive despite its own struggle with insider trading at an internal hedge fund.

  • Muni bonds excluded from the US bank liquidity rule Tuesday, 26 Aug 2014 | 9:30 AM ET

    Municipal bonds will no longer be part of the easily sellable assets that banks can use to show they are able to survive a credit crunch.

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