*Barclays, Nationwide asked to cut leverage. LONDON, June 20- Lloyds Banking Group must plug a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the government signalled plans to return the part-state owned lender to the private sector.
LONDON, June 19- Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George Osborne said on Wednesday, after acknowledging the re-privatisation of RBS remains a long way off.
LONDON, June 19- Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George Osborne said, admitting the re-privatisation of RBS remains a long way off.
LONDON, June 19- Britain's economic recovery is not yet secure and more needs to be done to ensure the country's banks no longer pose a threat to taxpayers, Bank of England Governor Mervyn King said in his final speech on Wednesday.
NEW YORK-- A Barclays analyst on Wednesday upgraded Cemex SA to "Overweight" from "Equal Weight," saying that the Mexican cement company's shares have the potential to rise.
*Copper touches lowest level since May 3. LONDON, June 19- Copper slid on Wednesday to its lowest in over six weeks, the third straight day of losses, as investors worried about the potential for less stimulus from the U.S.
*March-May pretax 6.1 bln SEK vs consensus 6.3 bln. STOCKHOLM, June 19- H&M, the world's second-largest fashion retailer, posted a sharp rise in sales since the start of June, driven by strong demand for full-price items from its new collections more than discounted older unsold items.
LONDON, June 19- Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain's prime minister on Wednesday.
*Copper, other markets, trade in recent ranges. LONDON, June 19- Copper edged up on Wednesday, but remained within a tight range near six-week lows, as investors held fire ahead of the conclusion of the Federal Reserve's two-day policy meeting.
WASHINGTON, June 19- Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Fed Chairman Ben Bernanke will hold a news conference 30 minutes later.
SYDNEY, June 18- All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify the outlook for policy without sending markets into a fresh frenzy.
LONDON, June 19- The fate of Britain's two state-controlled banks will become clearer on Wednesday, when finance minister George Osborne is likely to start the clock ticking for the sale of the government's stakes.
LONDON, June 19- Britain should introduce laws making it possible to jail "reckless" bankers and claw back past bonus and pension awards, an influential panel of lawmakers said on Wednesday.
LONDON, June 18- Britain's top market regulations enforcer said on Tuesday her agency would pursue relentlessly individuals who break rules such as rigging Libor interest rates, and that fines were not punishment enough.
JAKARTA, June 18- Indonesia's planned hike in fuel prices will drive 2013 inflation to a five-year high and pressure the central bank to raise interest rates again even as the increased cost of living weighs on consumers in Southeast Asia's largest economy.
*MSCI Asia ex- Japan down 0.1 pct, Nikkei opens down 0.1 pct. Turbulence in global financial markets over the past month was triggered by Fed Chairman Ben Bernanke saying the Fed may decide on slowing its $85 billion monthly purchases of Treasuries and mortgage-backed securities in its next few meetings if the economy showed signs of improving.
*MSCI Asia ex- Japan down 0.2 pct, Nikkei opens 0.8 pct lower. TOKYO, June 17- Asian shares inched lower and the dollar remained defensive on Monday as investors settled in to wait for the U.S.
Among the stock activity stories for Friday, June 14, from the Associated Press:. _ InvenSense Inc. shares rose after a Piper Jaffray analyst said he thinks the technology company's revenue will pick up in the next few months, with Apple Inc. possibly providing an important boost.
American Express Co. shares fell Friday after a Barclays analyst lowered his rating on the credit card company's stock. THE SPARK: Analyst Mark DeVries lowered his rating on American Express from "Overweight" to "Equal Weight," saying the company has more modest growth potential.
*UBS, ING, RBS must set aside most in reserves. SINGAPORE, June 14- Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.