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  • Deutsche Bank considers retail bank spin-off Wednesday, 14 Jan 2015 | 8:31 PM ET
    Deutsche Bank signage in Vienna, Austria.

    Deutsche may spin off retail bank as regulators push them to lower debt levels and prevent the use of consumers' deposits to fund its investment bank.

  • DETROIT, Jan 14- General Motors Co Chief Executive Officer Mary Barra said on Wednesday the largest U.S. automaker would increase its profit this year, as she counted on investors to give her a second chance after her first year behind the wheel was marred by a costly recall scandal. While GM gave no specific figures, it said it expects pretax earnings and profit...

  • NEW YORK, Jan 14- The U.S. 30- year Treasuries yield fell to a record low on Wednesday as disappointing U.S. retail sales data raised bets the Federal Reserve would not raise interest rates this year. People are very confused so they run into safety assets, "said Stanley Sun, interest rate strategist at Nomura Securities International in New York.

  • LONDON, Jan 14- Currency investors have begun to protect themselves against the risks to sterling posed by the most uncertain British election for decades, having learnt a tough lesson in the run-up to Scotland's independence referendum. Sterling fell sharply and volatility soared in the days preceding September's vote as investors belatedly woke up to the...

  • NEW YORK, Jan 14- Goldman Sachs Group Inc had to write down its loan to the troubled Portuguese bank Banco Espirito Santo SA in the fourth quarter, cutting the bank's profit and some employees' bonuses, people familiar with the matter told Reuters. The writedown came late in the quarter after a Dec. 22 decision by Portugal's central bank that effectively wiped out...

  • "There are concerns about global growth, but the fundamentals for the U.S. economy are very solid and what's going on overseas should only be a minor drag," said Gus Faucher, a senior economist at PNC Financial Services in Pittsburgh. The National Federation of Independent Business said its Small Business Optimism Index increased 2.3 points to 100.4 last month,...

  • Gold climbs, investors seek refuge from volatility Tuesday, 13 Jan 2015 | 10:13 AM ET

    Gold hit a 12-week high as investors sought refuge from volatility in the wider markets.

  • KAMPALA, Jan 13- Expectations that Uganda will spend more than planned in the run up to an election due in early 2016, pose risks for investors who are demanding higher returns to hold government debt. President Yoweri Museveni, 70, who has overseen rapid economic expansion during his almost three decades in power but has a weaker record on fiscal discipline, is...

  • Barclays, Deutsche and Credit Suisse have left the arena over the last 12 months, both symptom and cause of slower trading growth. As Western banks leave, their places are being taken by Chinese players such as GF Financial, Bank of China and, as of Jan. 26, China Merchant Securities. And metals trading in China itself is booming, with the Shanghai Futures Exchange...

  • *Andrew Higginson to become chairman on Jan. 22. LONDON, Jan 13- The intense pressure in Britain's supermarket sector claimed its first scalp of the year on Tuesday with the departure of Morrisons chief executive Dalton Philips following a plunge in Christmas sales from Britain's No. 4 grocer. The firm, which has been slow to expand into stronger parts of the market...

  • *Gold rallies for third day to highest since October. *Barclays still expects gold to fall to $1,130 this year. SINGAPORE, Jan 13- Gold extended gains on Tuesday to climb to its highest since October, boosted by safe-haven demand triggered by a continued slump in oil prices and weakness in some equities markets.

  • Both BATS Global Markets and Nasdaq OMX Group recently said they have held talks with banks on outsourcing some or all of their dark pool operations. In June, the New York attorney general brought a lawsuit against Barclays, accusing the bank of misleading clients in its dark pool. Also in June, dark pool operator Liquidnet agreed to pay the Securities and...

  • FRANKFURT, Jan 12- Deutsche Bank AG will provide details of a new strategy plan to investors in the second quarter of 2015, senior management told bank staff in an internal memo on Monday. "The management board is working diligently on the next phase of our strategy, and we will update our stakeholders at an investor& media day and global employee town hall in the...

  • *Fitch and S&P have Russia one notch above junk. *Russia seeks to avert downgrade, says dangers exaggerated. The Fitch agency cut its rating on Russia to' BBB minus' from' BBB' on Friday, citing a significant deterioration in the country's economic outlook due to the slump in oil prices and falling value of the rouble.

  • WASHINGTON, Jan 9- U.S. wholesale inventories recorded their largest increase in seven months in November and October's stocks were revised higher, leading economists to sharply raise their fourth-quarter growth estimates. The Commerce Department said on Friday wholesale inventories rose 0.8 percent, despite an energy price-related decline in the value...

  • WASHINGTON, Jan 9- The U.S. economy added the largest number of jobs in 15 years in 2014, yet a surprising five-cent drop in average hourly earnings in December raises questions over whether a tightening labor market will ever translate into more money in the pockets of ordinary Americans. That relationship, however, has broken down in the recoveries from the...

  • 10 small steps that can yield big financial rewards Friday, 9 Jan 2015 | 10:25 AM ET

    If your new year's resolution is to improve your finances, these 10 step can help you reach your goal.

  • Fund with woman’s touch beating market Friday, 9 Jan 2015 | 7:23 AM ET
    CEO of PepsiCo Indra Nooyi speaks at the official opening of a PepsiCo bottling plant in Domodedovo, near Moscow, on July 8, 2009.

    Having more females in higher positions could help a company's stock, if the initial performance of Barclay's Women in Leadership ETN is any guide.

  • Jan 9- Oil and gas companies could cut spending on exploration and production in North America by 30 percent or more this year if U.S. crude oil prices continue to trade in the $50- $60 per barrel range, Barclays said. Spending in North America will fall 14.1 percent, while international spending will fall 6.7 percent, Barclays said, noting companies' budgets had...

  • Barclays expects E&P spending to dip 9 pct in 2015 Friday, 9 Jan 2015 | 5:48 AM ET

    Jan 9- Oil and gas companies will cut exploration and production spending by about 9 percent to $619.43 billion this year as global oil prices hover at five-year lows, Barclays said. Barclays warned on Thursday that it expects "spending to trend even lower" as companies' budgets had assumed Brent oil price at about $70 per barrel and West Texas Intermediate at $65.