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Signs the economy has entered a soft patch could slow Wall Street's bull but it may be earnings season that ultimately makes stocks stumble.
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WASHINGTON, Nov 16- Banks and other large market players that use certain derivatives to protect against currency fluctuations will be spared from the most costly new rules required by the 2010 Dodd-Frank Act, the U.S. Treasury Department said late Friday.
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Nov 16- The Federal Reserve should keep stimulating the U.S. economy even if looming budget disputes are favorably resolved and despite hints of improvement in employment, Atlanta Fed President Dennis Lockhart said on Friday.
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*Chertoff tapped by NYSE following SEC computer incident. *SEC computers with sensitive data left unencrypted. But NYSE Euronext, operator of the New York Stock Exchange, is not convinced that the SEC thoroughly investigated the issue, this person said.
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SAN FRANCISCO, Nov 16- Redpoint Ventures, the venture-capital firm behind digital-video recording company TiVo and vacation-rental company HomeAway, is raising a $400 million fund, according to a person familiar with the matter.
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ATHENS, Nov 16- Greece's international lenders will enforce additional supervision on the country's troubled banks along with the billions of euros they will provide to shore them up, senior bankers said on Friday.
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PARIS, Nov 16- European share indexes surrendered early gains on Friday morning as the persistent worries about the euro zone debt crisis and U.S. budget negotiations rattled investors, with banking stocks featuring among the top fallers.
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PARIS, Nov 16- European stocks pared early gains and turned negative on Friday, led by banking shares, as simmering worries about the euro zone debt crisis and U.S. fiscal policy outlook rattled investors. At 0912 GMT, the FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,076.50 points.
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LONDON, Nov 16- Banks worldwide are shedding jobs as stricter regulations and euro zone worries take their toll on trading income and investment banking units.
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*PBOC sets second straight weaker midpoint. SHANGHAI, Nov 16- China's yuan eased marginally against the dollar on Friday morning, making a slow retreat from record highs struck earlier this week as the central bank tugged the market back by setting a weaker official daily trading range for a second day running.
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WASHINGTON, Nov 15- The U.S. Under the toughest hypothetical, banks would face recessions in Europe and Japan and a substantial slowdown in developing Asia. Those banks are Bank of America Corp, Citigroup Inc, Goldman Sachs Group Inc, JPMorgan Chase& Co, Morgan Stanley and Wells Fargo& Co..
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NEW YORK, Nov 15- U.S. primary dealers held steady on their expectations that the Federal Reserve would not raise interest rates before the third quarter of 2015 as they await more guidance on how it will replace stimulative measures slated to expire in December.
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PALO ALTO, Calif., Nov 15- The Federal Reserve should not buy bonds without limit to try to boost the U.S. economy, a top Fed policymaker and staunch critic of the Fed's super-easy monetary policy said on Thursday.
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CHARLESTON, W.Va, Nov 15- The Federal Reserve should keep monetary policy on hold rather than loosen conditions further given an anemic but ongoing recovery, Richmond Fed President Jeffrey Lacker said on Thursday. Key risks to the U.S. economy, including U.S. budget uncertainty and Europe's recession, are likely to abate next year, Lacker said.
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NEW YORK, Nov 15- Factory activity in the U.S. mid-Atlantic region unexpectedly shrank in November due to disruption from superstorm Sandy, which slammed the U.S. The Philadelphia Federal Reserve Bank said its business activity index slumped to -10.7 from 5.7 the month before.
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NEW YORK, Nov 15- Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in November, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index slumped to -10.7 from 5.7 the month before. The survey covers factories in eastern Pennsylvania, southern New Jersey and Delaware.
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*Wants more aggressive action from Bank of Japan. TOKYO, Nov 15- The leader of Japan's main opposition, seen as likely to become premier after a general election next month, called on the central bank to push interest rates to zero or below zero to spur lending, prompting the yen to slide to a six-month low.
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SAN FRANCISCO, Nov 14- San Francisco Federal Reserve President John Williams said on Wednesday he is still grappling with the question of whether the U.S. central bank could make monetary policy more effective by tying it to specific economic markers.
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*BOJ under heat as likely next PM calls for bolder steps. TOKYO, Nov 15- The Bank of Japan is set to hold fire next week and may also defy market expectations of action in December, pushing back any further monetary stimulus until early next year to size up the policies of a new government, sources say.
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SAN FRANCISCO, Nov 14- San Francisco Federal Reserve President John Williams on Wednesday said he is not convinced the U.S. central bank could make monetary policy more effective by tying it to specific economic markers like the unemployment rate.
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*Twist ends at year end; Wall Street sees more bond buying. Wall Street traders had already expected the central bank to replace Operation Twist in 2013, and analysts said the minutes simply provided another reason to expect a decision to do so at the Fed's next meeting, on Dec. 11-12.