Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.» Read More
*Dollar index falls, lending support to the euro. *Yen near four-year low vs euro, five-year vs GBP, 23- year low vs Swiss. NEW YORK, Nov 26- The dollar dropped broadly on Tuesday, as lower U.S.
*Crude prices climb back above $111 a barrel. NEW YORK, Nov 26- World share markets edged lower and the dollar slipped on Tuesday as oil prices climbed amid doubts over the real impact of the Iran nuclear deal and renewed political tensions in the East China Sea.
LONDON, Nov 26- The dollar fell against a basket of currencies on Tuesday, as lower U.S. yields drove investors to trim long bets and gave a fillip to the euro that has so far proven resilient to talk of looser monetary policy. The euro was up 0.2 percent at $1.3550, having hit a session high of $1.35715 and triggering stop loss buy orders above $1.3560.
*CEO says China of particular concern. FRANKFURT, Nov 26- German fashion house Hugo Boss has abandoned its 2015 profit target, joining the ranks of luxury goods companies warning of slowing sales growth in China.
LONDON, Nov 26- The dollar fell against a basket of currencies on Tuesday, hurt by lower U.S. yields and giving a fillip to the euro that has so far proven resilient to talk of looser monetary policy by the European Central Bank.
SINGAPORE/ HONG KONG, Nov 26- Singapore's DBS Group Holdings and ABN AMRO are among the suitors to place final bids for Societe Generale's Asia private bank, in a $400 million deal, as smaller players exit the region's competitive private banking business.
*SocGen's Asia private bank unit manages $13 bln. SINGAPORE/ HONG KONG, Nov 26- Singapore's DBS Group Holdings, ABN AMRO and Credit Suisse have submitted final round bids for Societe Generale's Asian private bank, which is being valued at around $400 million, people familiar with the matter said.
SINGAPORE, Nov 22- The planned sale of Societe Generale's Asian private bank, for which final bids are due next week, underscores how high costs are pushing smaller players in the region to make hard decisions on whether to bulk up and or get out of the business.
Nov 21- A former Merrill Lynch broker who managed as much as $1 billion has been suspended and fined by Wall Street's watchdog, in part for violating anti-money laundering rules by not telling the firm about potentially suspicious funds transfers involving clients' accounts, according to a settlement.
DUESSELDORF, Germany, Nov 21- In the digital age, pen and paper are useful tools for intrigue. In 2007, Sina Lapour, an assistant to a private banker at Credit Suisse, hand-copied the names of potential tax evaders listed on two of the firm's internal computer systems. The information led to police raids in 2010 on Credit Suisse's main offices in Germany.
*Japan's Nikkei bucks regional downtrend on weaker yen, pension fund shift. MSCI's broadest index of Asia-Pacific shares outside Japan shed about 1.3 percent to its lowest point since middle of last week.
*New China Life Insurance slides after Zurich's H-share exit. *Goldman Sachs upgrades China H-shares to overweight on Asia- basis.
SINGAPORE, Nov 21- U.S. crude futures edged lower on Thursday after minutes from the Federal Reserve's last meeting showed a decision to wind down monetary stimulus may come soon. *U.S. crude for January delivery had eased 19 cents to $93.66 a barrel by 0036 GMT.
PARIS, Nov 19- BNP Paribas, France's biggest bank, has almost completed an internal review into dollar payments that may have been made in breach of U.S. economic sanctions, saying it will now present its findings "in the near future".
*Castle Peak has total generation capacity of 6,908 MW. HONG KONG, Nov 19- Exxon Mobil Corp has agreed to sell its majority stakes in a Hong Kong utility and a power storage firm for a combined $3.4 billion, helping the U.S. oil major raise funds to plough back into its core operations.
RBI's Raghuram Rajan has promised to remake the country's banking sector as he seeks to introduce a new era of competition. The FT reports.
In focus for Asia this week, China's manufacturing activity, a speech by Fed Chairman Ben Bernanke, Japanese export data and a Bank of Japan meeting.
The People's Bank of China and the Reserve Bank of India were worried that sticking with traditional policy rates or bank reserves would have had a greater impact on the overall economy and slowed growth, which they wanted to avoid. Both central banks should be applauded for doing that, "said Frederic Neumann, co-head of economic research at HSBC in Hong Kong.
LONDON, Nov 14- U.S. investment banks JPMorgan Chase& Co and Citi saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year, new research showed on Thursday.
*Gold pares gains late in NY session, equities rise. NEW YORK/ LONDON, Nov 13- Gold prices eked out a small gain on Wednesday to snap a four-day losing streak, boosted by a drop in the dollar and bargain hunting with prices near a one-month low.