Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division.» Read More
WELLINGTON, April 7- New Zealand's Commerce Commission said on Monday that its recent investigation of banks in New Zealand was related to the possibility of foreign exchange rate manipulation.
*FTSE 350 companies seen paying £75.1 bn in dividend, highest since 2008. *Banks to drive increase as Lloyds, Barclays resume payouts. Companies in the FTSE 350 index are expected to pay 75.1 billion pounds in ordinary dividends in the next financial year, up 4.4 percent annually.
Mobile payments company Square has secured a new revolving credit facility as the burgeoning startup seeks more permanent capital
*Popular in talks with Citi over Spanish retail unit. MADRID, April 4- Banco Popular said on Friday it was in talks to buy Citigroup's retail banking and credit card business in Spain, where other foreign players struggling to compete with local banks after a financial crisis have considered exits.
The dollar fell on Friday after U.S. non-farm payrolls showed job growth necessary for the Fed to wind up its asset purchasing program.
*Trade deficit widens to $42.3 billion in February. WASHINGTON, April 3- The U.S. trade deficit unexpectedly widened in February as exports hit a five-month low, suggesting first-quarter growth could be much weaker than initially anticipated.
LONDON, April 3- Slightly slower growth in euro zone business activity last month and unchanged interest rates on Thursday halted this week's European stock market rally in its tracks. Seventy of 72 economists polled by Reuters correctly predicted the European Central Bank would keep its main interest rate on hold at a record low 0.25 percent.
LONDON, April 3- Slightly slower growth in euro zone business activity last month and caution ahead of Thursday's European Central Bank policy decision halted this week's European stock market rally in its tracks. The global focus on Thursday switched to Europe.
April 2- A U.S. bankruptcy judge on Wednesday approved Detroit's plan to borrow $120 million from Barclays PLC to improve services in the cash-strapped city. Judge Steven Rhodes, who is overseeing Detroit's historic bankruptcy case, overruled objections by city creditors who took issue with the timing and structure of the loan.
As European banks gear up for stress tests, one analyst told CNBC that almost none of them would pass the U.S.'s tougher scrutiny.
NEW YORK/ SAO PAULO, April 1- Brazil's securities industry watchdog CVM on Tuesday lifted a suspension on Grupo Oi SA's 6 billion real share offering, paving the way for the Brazilian telecommunications company's merger with Portugal Telecom SGPS SA.
Highlights included a 100- year bond by Massachusetts Institute of Technology and a USD2.5bn offering of 10 and 30- year securities by Saudi Electricity that saw almost USD13bn of orders. Strong demand also followed Union Electric d/b/a Ameren Missouri, which saw some USD2bn of orders at the peak for just USD350m of 10- year notes.
NEW YORK/ SAO PAULO, April 1- Brazilian telephone company Grupo Oi SA could launch a 6 billion real share offering as early as Tuesday, pending an expected go-ahead from regulators, two sources with direct knowledge of the situation told Thomson Reuters' IFR on Tuesday.
NEW YORK, April 1- Twelve large banks have been sued in a consolidated antitrust lawsuit by investors who claim they conspired to rig prices in the roughly $5.3 trillion- a-day foreign exchange market.
Goldman Sachs is selling its floor trading unit about a decade after buying one of the most powerful floor trading operations on the NYSE. FT reports.
SAO PAULO, April 1- Banco Bradesco SA and Itaú Unibanco Holding SA are considering pulling out of a 6 billion real share offering by Brazil's Grupo Oi SA, two sources with direct knowledge of the situation told Reuters on Tuesday.
MEXICO CITY, April 1- Mexico is considering rigid rules that would ensure a hefty cut of the spoils of a landmark energy overhaul go to Mexican firms, but that could jeopardize billions of dollars in investment from oil majors seen as key to future growth.
Gold's slide is set to deepen this week to below $1,270 an ounce if Friday's closely watched U.S. jobs report signals improving labor market growth, CNBC's latest survey of traders and strategists has found.
April 1- Regulators in Hong Kong and New Zealand said on Tuesday that they are investigating banks' conduct in the foreign exchange market as part of an investigation tied to the global probe into FX markets. "The HKMA is investigating into a number of banks in Hong Kong," an HKMA spokeswoman said in the statement.
April 1- Hong Kong's de facto central bank said on Tuesday that it is investigating a number of banks as part of the global probe into alleged manipulation of foreign exchange markets, as investigations into the $5.3 trillion- a-day-market escalate.