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  • NEW YORK, Aug 21- U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, according to two sources familiar with the matter.

  • JGBs slip, tracking U.S. Treasuries after Fed minutes Thursday, 21 Aug 2014 | 12:18 AM ET

    TOKYO, Aug 21- Japanese government bond prices slipped on Thursday, tracking U.S. The Bank of Japan refrained from making any purchases under its massive asset-buying programme, as it typically does on days when the Ministry of Finance conducts a sale. A stronger U.S. dollar and rising Tokyo stocks also had some negative impact on JGBs.

  • NEW YORK, Aug 20- JPMorgan Chase& Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said. Junior bankers at Bank of America Corp will also receive a raise of at least 20 percent, according to a person familiar with the matter.

  • *Home Depot lifts the Dow; rival Lowe's rebounds. *Target bounces back; American Eagle rallies. NEW YORK, Aug 20- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 just missing a record close, after minutes from the Federal Reserve's July meeting gave investors reason to believe that the central bank is in no rush to raise interest rates.

  • *Wall Street rebounds on Fed minutes, dollar rallies. NEW YORK, Aug 20- Global equity markets rose on Wednesday after minutes from the Federal Reserve indicated there is no rush to bring forward plans to raise interest rates in the future, reversing earlier declines that were driven by hints from the Bank of England of an early rate hike.

  • How the Dow Jones industrial average did Wednesday Wednesday, 20 Aug 2014 | 4:31 PM ET

    The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared themselves for higher interest rates.

  • PRECIOUS-Gold falls as dollar jumps after Fed minutes Wednesday, 20 Aug 2014 | 3:09 PM ET

    *Two Bank of England policymakers voted to raise rates. NEW YORK/ LONDON, Aug 20- Gold prices fell on Wednesday as the dollar rallied on economic optimism after the minutes of the Federal Reserve's latest meeting showed the U.S. central bank has seen progress in the U.S. labor market.

  • WASHINGTON, Aug 20- The Federal Reserve has been surprised by how quickly the U.S. labor market is healing but doesn't want to bring forward a planned rate hike until the recovery looks more convincing, according to minutes of its last policy meeting.

  • APNewsBreak: B ofA reaches $17B settlement with US Wednesday, 20 Aug 2014 | 2:16 PM ET

    WASHINGTON— How much will Bank of America's expected $17 billion mortgage settlement cost the company? Most of the problem loans were sold by Merill Lynch and Countrywide Financial before Bank of America bought them during the 2008 financial crisis.

  • China manufacturing drags on Asian stock markets Wednesday, 20 Aug 2014 | 3:55 AM ET

    NEW YORK— The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later. In the bond market, prices fell and yields rose as investors prepared themselves for higher interest rates.

  • Some Fed officials want to slow economic help soon Wednesday, 20 Aug 2014 | 2:05 PM ET

    WASHINGTON— Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low interest rates.

  • WASHINGTON, Aug 20- The Federal Reserve has been surprised by how quickly the U.S. labor market is healing but doesn't want to bring forward a planned rate hike until the recovery looks more convincing, according to minutes of its last policy meeting.

  • JOHANNESBURG, Aug 20- Unemployed South African construction worker Daniel isn't sure how he fell so deeply in debt. All he knows is that African Bank Investments, which was bailed out this month, kept offering him money and he kept taking.

  • Women small business owners struggle to get loans Wednesday, 20 Aug 2014 | 12:48 PM ET

    NEW YORK— Women are a growing force in the business world, but if they own a company, they may still struggle to get a loan from a bank. Carrie Charlick and Marcia Cubitt have $4 million in sales but have been rejected for $500,000 credit lines since 2012. Their 11- year-old company, Essential Body Wear, sells women's underwear at parties at customers' homes.

  • Yellen to give her outlook as Fed honeymoon fades Wednesday, 20 Aug 2014 | 12:23 PM ET

    WASHINGTON— Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks.

  • Trading in US stocks subdued ahead of Fed minutes Wednesday, 20 Aug 2014 | 12:00 PM ET

    NEW YORK— U.S. stocks are drifting in midday trading as traders wait for the latest news from the Federal Reserve. Slightly more stocks fell than rose on the New York Stock Exchange. J.M. Smucker fell 2 percent after the food company cut its full-year sales outlook.

  • *Lowe's pares losses, Target rebounds, after dim forecasts. NEW YORK, Aug 20- U.S. stocks inched higher Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors brushed off bleak earnings forecasts from some retailers like Lowe's and Target.

  • *BoE looks at how to end crisis-era money market measures. LONDON, Aug 20- Bank of England policymakers have started to discuss how to end crisis-era measures which pegged overnight money market rates to the central bank's official interest rate, the BoE said on Wednesday.

  • NEW YORK, Aug 20- U.S. Looks like we are continuing that move ahead of the Fed minutes today, "said Ellis Phifer, market strategist at Raymond James in Memphis, Tennessee. Some of the Fed's counterparts at the Bank of England voted unexpectedly to raise interest rates this month, according to minutes of the BOE's policy meeting of Aug. 6-7.

  • Is the government keeping this sector down? Wednesday, 20 Aug 2014 | 11:10 AM ET
    Bank of America branch in New York City

    Banks reported near-record profits this past quarter. So why are they down over the past 30 days?

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