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  • June 27- U.S. bank stocks led a steep decline on Wall Street on Monday as aftershocks from Britain's vote to leave the European Union roiled global markets for a second day. The S&P financial index was down nearly 3 percent by late morning, with investors increasingly worrying about London's future as the region's finance capital. The Dow has now lost nearly 950...

  • WASHINGTON, June 27- Senior Obama administration officials sought to calm jittery markets on Monday, insisting there was no financial crisis brewing after Britain's vote to leave the European Union and urging officials on both sides to take a "responsible" approach to the looming separation. "There's no question that this is an additional headwind, but I think...

  • WASHINGTON, June 27- Senior Obama administration officials sought to calm jittery markets on Monday, insisting there was no financial crisis brewing after Britain's vote to leave the European Union and urging officials on both sides to take a "responsible" approach to the looming separation. "There's no question that this is an additional headwind, but I think...

  • June 27- Financial stocks led Wall Street sharply lower on Monday in the aftermath of a shock vote by Britons to leave the European Union. The S&P financial index fell 1.55 percent, leading the decliners for the second-straight day, as uncertainty over London's future as the region's finance capital lingered. The selloff on Friday eroded $2.08 trillion in...

  • WASHINGTON, June 27- Federal Reserve Chair Janet Yellen will not participate in a central bank conference in Portugal organized by the European Central Bank, where she had been scheduled for a joint appearance with the Bank of England and ECB chiefs. A Fed official confirmed Yellen would be returning to the United States following the weekend meeting of the...

  • June 27- Wall Street was set to open lower on Monday, tracking European stocks, as uncertainty over the impact of Britain leaving the European Union limited the appetite for risk. U.S. banks that have large London operations remained under pressure. The selloff eroded $2.08 trillion in market capitalization globally- the biggest one-day loss ever, according to...

  • June 27- U.S. stock index futures were lower on Monday as investors assessed the implications of Britons voting to leave the European Union, a decision that sparked a global selloff on Friday. *Wall Street marked its worst day in 10 months amid massive trading on Friday as investors who had pinned their bets on Britain remaining in the EU were caught wrong-footed.

  • *UK finance minister to speak early on Monday. *EU preparing to move European Banking Authority from London. LONDON, June 27- Britain plunged deeper into political crisis on Sunday after its vote to leave the European Union last Thursday, leaving world officials and financial markets confused about how to handle the political and economic fallout.

  • Federal Reserve Chair Janet Yellen, ECB President Mario Draghi, People's Bank of China Governor Zhou Xiaochuan, ECB board members Benoit Coeure and Peter Praet, Chile central bank Governor Rodrigo Vergara, Asian Development Bank Chief Economist Shang-Jin Wei and Bank of England Governor Mark Carney. SINTRA, Portugal- European Central Bank President Mario...

  • June 26- With markets reeling after Britain's vote to leave the European Union, some on Wall Street expect cooler heads to prevail over the next several sessions as investors focus domestically on the outlook for the U.S. economy and company earnings. S&P 500, Dow Jones and Nasdaq index futures were each down about 0.5 percent shortly after 6:15 p.m. New York...

  • Federal Reserve Chair Janet Yellen, ECB President Mario Draghi, People's Bank of China Governor Zhou Xiaochuan, ECB board members Benoit Coeure and Peter Praet, Chile central bank Governor Rodrigo Vergara, Asian Development Bank Chief Economist Shang-Jin Wei and Bank of England Governor Mark Carney. SINTRA, Portugal- European Central Bank President Mario...

  • A logo sits above an automated teller machine (ATM) outside a Royal Bank of Scotland Group (RBS) bank branch in London, U.K.

    Jim Cramer shares his outlook on the impact of a Brexit for the market next week.

  • June 24- With markets reeling after Britain's vote to leave the European Union, some on Wall Street expect cooler heads to prevail over the next several sessions as investors focus domestically on the outlook for the U.S. economy and company earnings. They pointed to expectations that U.S. interest rates would remain low, that upcoming reports would show U.S....

  • European Central Bank chief Mario Draghi attends the Committee on Economic and Monetary Affairs at the EU headquarters in Brussels on June 21, 2016.

    Markets should look toward politicians, not just to central banks, to parse the results of Brexit, experts told CNBC on Friday.

  • WASHINGTON, June 24- Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions. Over the past 18 months the Fed has blinked more than once, and refrained from raising...

  • WASHINGTON, June 24- Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound to international economic conditions. Over the past 18 months the Fed has blinked more than once, and refrained from raising...

  • SAN FRANCISCO, June 24- Britain's vote to leave the European Union has thrown financial markets into turmoil and means the U.S. The Fed on Friday sought to reassure markets that it would provide liquidity as needed using swap lines in place with other central banks, including the Bank of England as the pound touched a 1985 low against the dollar, world stocks lost...

  • Alan Greenspan on fiscal issues

    Former Federal Reserve Chair Alan Greenspan, discusses the economic problems around the globe.

  • *Britain's vote to leave EU boosts safe-haven U.S. bonds. Treasury prices soared on Friday on safe haven buying as rattled investors evaluated the repercussions of Britain's vote to leave the European Union. "Right now it's' every man for himself' safety buying," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • *Futures on Wall St's VIX "fear gauge" jump. June 24- Wall Street was set to open sharply lower on Friday after Britain's vote to quit the European Union delivered the biggest blow to the global financial system since the 2008 financial crisis. By 9 a.m. ET, the number of S&P futures contracts traded had exceeded their daily average for the past year.