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  • UPDATE 3-China launches private bank pilot programme Tuesday, 11 Mar 2014 | 5:56 AM ET

    BEIJING, March 11- China will launch pilot programmes testing the development of privately-owned banks in Tianjin, Shanghai, Zhejiang and Guangdong, the country's bank regulator Shang Fulin said on Tuesday.

  • LONDON, March 11- The yen edged up on Tuesday after the Bank of Japan stood pat on monetary policy and its chief, Haruhiko Kuroda, said there was no need to adjust monetary policy for now. The dollar was slightly lower at 103.20 yen, trading at the bottom of the 103.19- 103.43 yen range.

  • FOREX-Yen trapped as Bank of Japan stays the course Tuesday, 11 Mar 2014 | 2:12 AM ET

    *Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen remained trapped in narrow ranges in Asian trade on Tuesday after the Bank of Japan stood pat and gave no indication that further easing steps were in the cards yet.

  • *Decision due on Wednesday, March 12, at 0730 GMT. BANGKOK, March 11- Thai policymakers will cut the country's benchmark interest rate on Wednesday to help the economy cope with the damage from months of political unrest, according to a majority of economists polled by Reuters.

  • NEW YORK, March 11- Several U.S. institutional investors said they are closely monitoring the developments at Pimco, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bill Gross.

  • HONG KONG, March 11- Hong Kong and China shares rebounded early on Tuesday, led by some mid-sized bank stocks on expectation the country's annual parliamentary session will not unveil more aggressive reforms that could trim margins or restrict their lending.

  • JGBs little changed, BOJ stands pat as expected Tuesday, 11 Mar 2014 | 12:08 AM ET

    TOKYO, March 11- Japanese government bonds were little changed on Tuesday, drawing little impetus from the Bank of Japan which left monetary policy unchanged as widely expected. The benchmark 10- year cash yield inched up 0.5 basis point to 0.625 percent, with a rise in Tokyo's Nikkei stock average mildly capping the bond market.

  • BEIJING, March 11- China's central bank governor said on Tuesday that the country's deposit rates are likely to liberalised in one to two years- the most explicit timeframe to date.

  • BEIJING, March 11- Following are comments from a media conference by Zhou Xiaochuan, the governor of the People's Bank of China, Deputy Governor Yi Gang, the head of China Banking Regulatory Commission, Shang Fulin, as well as the heads of China Insurance Regulatory Commission and the China Securities Regulatory Commission. For a related story, see.

  • *Countries grapple for deal to prevent embarrassing delay. BRUSSELS, March 10- Euro zone governments edged closer on Monday towards a deal on how to wind down failing banks, but reached no conclusions and more negotiations will take place on Tuesday to address demands of the European Parliament.

  • BlackRock's Rieder likes long-dated munis     Monday, 10 Mar 2014 | 1:22 PM ET

    Rick Rieder, BlackRock CIO, discusses Fed policy and the state of the U.S. bond market. Rieder also shares what asset classes he likes best.

  • WASHINGTON, March 9- Central bank efforts to become more predictable on future interest rate moves have smoothed out short-term upsets in financial markets but could also lead to excessive risk-taking, research from the Bank for International Settlements said on Sunday.

  • Europe reaches crunch point on banking union Monday, 10 Mar 2014 | 11:48 AM ET

    *Countries grapple for deal to prevent embarrassing delay. BRUSSELS, March 10- European governments and lawmakers will try to reach a deal this week on how to wind down failing banks, clearing the way for a landmark reform as time runs out to win European Parliament approval before May elections.

  • *Deputy governor says stronger sterling unhelpful for UK. DARLINGTON, England, March 10- The Bank of England could keep interest rates lower for longer if sterling strengthens much more, Bank of England deputy governor Charlie Bean said on Monday, in a rare comment by the central bank on the level of the pound.

  • DARLINGTON, England, March 10- Britain will find it harder to enjoy a solid export-based recovery if sterling strengthens any more, Bank of England deputy governor Charlie Bean said on Monday in a rare comment by the central bank on the level of the pound.

  • *Impairments and' hard to value' assets key areas. DUBLIN, March 10- The European Central Bank's stance on how bad loans are defined will be one of the biggest revelations to the euro zone's largest banks when it details on Tuesday how it will test balance sheets, three sources with knowledge of the tests told Reuters.

  • James Paulsen, Wells Capital Management, and David Blitzer, S&P 500 Index Committee chairman, share their thoughts on where stocks are likely headed from here. I think we are going to spend the year with a flat market and rising earnings, predicts Paulsen.

  • DUBLIN, March 10- The European Central Bank's stance how bad loans are defined will be one of the biggest revelations in an announcement on Tuesday on how it will test the balance sheets of the euro zone's largest banks, three sources with knowledge of the tests told Reuters.

  • WASHINGTON, March 9- Central bank efforts to become more predictable on future interest rate moves have smoothed out short-term upsets in financial markets but could also lead to excessive risk-taking, research from the Bank for International Settlements said on Sunday.

  • March 9- A Delaware judge said Royal Bank of Canada should be held liable to former shareholders of Rural/Metro Corp because it failed to disclose conflicts of interest that tainted the $438 million buyout of the ambulance operator.

Banks

  • People enter the Reserve Bank of New Zealand (RBNZ) headquarters in Wellington, New Zealand.

    New Zealand's central bank raised interest rates on Thursday and signaled that it would keep tightening monetary policy in the coming months.

  • The White House is weighing candidates with banking backgrounds to fill gaps on the Fed's depleted board, sources familiar with the matter said.

  • Deutsche Bank is facing pressure from investors to raise capital amid fears the bank is not robust enough to face challenges, Financial Times reports.

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