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  • JERUSALEM, Dec 29- Israel's central bank raised its growth estimate for next year on Monday, saying the recovery from the Gaza war should accelerate, and its economists indicated interest rates could stay on hold until an increase in early 2016.. At its monthly policy meeting the Bank of Israel kept its benchmark interest rate at 0.25 percent for a fourth...

  • *Japan's FSA conducting stress tests- two sources. TOKYO, Dec 29- Japan's financial regulator is running stress tests to see if too much cash in the system is stifling smaller banks' ability to earn, unlike regulatory tests elsewhere that have been designed to see whether lenders had enough capital to cope with financial shocks. The action highlights one of the...

  • HONG KONG, Dec 29- The additional spread that investors demand for credit risk over AAA-rated corporate borrowers in China is at the highest in nearly 15 months as the world's second-largest economy cools and authorities ask banks to curb bad debts. The spread gap between the one-year yield on AAA-rated bonds and those rated AA has widened to 112.4 basis points,...

  • Dec 29- Japan's financial regulator has begun stress tests on regional banks to determine how much their earnings would suffer if long-term interest rates remain near record lows under the Bank of Japan's loose money policy, according to two people with direct knowledge of the process. Regional lenders have typically extended loans to smaller businesses,...

  • German central bank chief: cheap oil is stimulus Sunday, 28 Dec 2014 | 7:27 AM ET

    BERLIN— The president of Germany's central bank is questioning the need for the European Central Bank to embark on a new bond-buying program when the continent is being "gifted a stimulus program" by low oil prices. The ECB is considering whether and how to offer more stimulus for the sluggish eurozone economy, perhaps in the form of large-scale purchases of...

  • SHANGHAI, Dec 27- The head of China's central bank's research department told a forum in Beijing on Friday that China's current monetary policy is appropriate but that liquidity management is increasingly important in the face of high funding costs. However, while bank lending rebounded in November, there is little sign of an impact of funding on lending rates,...

  • Massachusetts investigates Santander Bank Friday, 26 Dec 2014 | 8:32 AM ET

    Attorney General Martha Coakley subpoenaed Santander's U.S. auto finance company to produce documents related to borrowers' credit histories, the interest rates they were charged, and how the loan risks were described to investors, Coakley spokesman said Brad Puffer told The Boston Globe. Santander became a dominant player in the subprime market in 2006,...

  • MOSCOW, Dec 26- Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday, as authorities scaled up their bailout for the first bank to succumb to the recent rouble crisis. The economy is slowing sharply as Western sanctions over the Ukraine crisis deter foreign investment and spur capital flight,...

  • MOSCOW, Dec 26- Russian authorities significantly scaled up rescue funds for mid-sized lender Trust Bank on Friday, saying they would provide up to $2.4 billion in loans to bail out the first commercial banking victim of the country's currency crisis. Trust Bank, which hired actor Bruce Willis as the face of a major advertising campaign, fell victim to the...

  • BEIJING, Dec 26- The People's Bank of China is weighing changing rules governing how loan-to-deposit ratios are calculated at banks, a move that would boost liquidity conditions, sources with direct knowledge told Reuters. The banking-sector sources said the PBOC, during a meeting with domestic financial institutions, revealed it is planning to include...

  • Citigroup to sell Japan retail bank unit to SMBC Thursday, 25 Dec 2014 | 2:33 AM ET

    TOKYO— Citigroup has agreed to sell its retail banking business in Japan to Sumitomo Mitsui Banking Corp., the companies said Thursday. "This decision furthers Citi's global strategy of focusing our resources where we feel we have a competitive advantage," Citibank CEO Peter B. Eliot said in a statement. Citigroup said it also is considering selling its credit...

  • RUSSIAN CENTRAL BANK AND FINANCE MINISTRY DID NOT CONDUCT FOREX MARKET INTERVENTIONS ON DEC 23- C.BANK.

  • HONG KONG, Dec 25- Chinese investment banks have awarded pay rises to their staff for the first time since the 2008 global financial crisis, buoyed by a surge in China- related deals, but salaries and bonuses still trail far behind those paid by Western banks. "This is the first time since 2009 we have seen an increase of base and total compensation," said Maggy Fang,...

  • Big banks in era of regulations  Wednesday, 24 Dec 2014 | 7:18 AM ET

    David Hilder, Drexel Hamilton analyst, shares insight into the financial sector, and Sen. Elizabeth Warren. And CNBC's Kayla Tausche weigh in.

  • Banks: Amid challenges, holding the (bottom) line  Wednesday, 24 Dec 2014 | 7:14 AM ET

    CNBC's Kayla Tausche lays out her predictions in the financial sector next year.

  • Russia in offer to help firms with foreign debts Wednesday, 24 Dec 2014 | 5:04 AM ET

    MOSCOW— With inflation showing clear signs of picking up, Russia's central bank said Wednesday it will look to help companies with their foreign debts— a move it hopes will ease the pressure on the national currency. Following on from other measures to stabilize the ruble, such as a big increase in its key interest rate to 17 percent, the Central Bank said it will...

  • MOSCOW, Dec 24- Russia's central bank said on Wednesday it would start lending money in hard currencies to companies and banks willing to put their foreign loans as collateral.

  • *SMBC buying Citi retail ops for about $330 mln. TOKYO, Dec 24- Sumitomo Mitsui Banking Corp will buy Citigroup Inc's Japanese retail banking operations in October for about 40 billion yen, people with knowledge of the matter said on Wednesday. The Citi operations will be merged into SMBC Trust Bank, which will let Citi's retail customers in Japan maintain their...

  • SHANGHAI, Dec 24- China will expand a trial programme next year to allow the creation of purely private banks and ease the entry of private capital into the banking sector, China Banking Regulatory Commission chairman Shang Fulin was quoted saying in state media. The official China Securities Journal on Wednesday reported Shang saying at a meeting that the...

  • WASHINGTON, Dec 23- The U.S. credit union regulator sued Wells Fargo& Co Tuesday, saying the bank failed to fulfill its duties as a trustee for certain residential mortgage-backed securities trusts that soured and brought down five credit unions. A Wells Fargo spokeswoman declined to comment on the lawsuit. Regulators said Wells Fargo, as trustee for those...

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