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Sydney, Sept 25- Australia's prudential regulator should be given powers as soon as October to cap bank executives' salaries, delay their bonuses and drive them out of the industry if they were guilty of wrongdoing, Treasurer Scott Morrison said on Monday. "I know the banks don't want many of the elements of this legislation but I'm not about to give them three...

Sydney, Sept 25- Australia's prudential regulator should be given powers as soon as October to cap bank executives' salaries, delay their bonuses and drive them out of the industry if they were guilty of wrongdoing, Treasurer Scott Morrison said on Monday. Australia's biggest banks have gone through a tumultuous period peppered with allegations of misleading...

TEL AVIV, Sept 24- Billionaire Shari Arison has signed a non-binding agreement to bring on board three North American financial institutions to share her controlling interest in Bank Hapoalim, Israel's biggest bank. Arison is in a preliminary agreement to sell 49 percent of Arison Holdings, through which she holds a controlling 20 percent stake in Hapoalim...

OKLAHOMA CITY, Sept 22- Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price increases is trivial, or the result of global forces that could permanently throw off the Fed's policy calculus. The resolution of that debate will be...

OKLAHOMA CITY, Sept 22- Dallas Federal Reserve Bank President Robert Kaplan said on Friday he remains "open-minded" on a December rate increase but remains concerned current weak inflation may be the result of hard-to-counter structural trends. The Fed indicated after its latest policy meeting this week it was still ready to raise rates in December even as Fed...

OKLAHOMA CITY, Sept 22- Kansas City Fed President Esther George said on Friday the muted market reaction to the launch of the Fed's balance sheet reduction plan earlier this week was a welcome development for the central bank. "I was gratified," that bond yields, the dollar and stock markets moved only slightly after the Fed announced on Wednesday that its $4.2...

BUDAPEST, Sept 22- Hungarian government bonds extended their rally on Friday due to expectations the central bank will continue to support the market despite a gradual worldwide monetary tightening. The Hungarian Central Bank cut its overnight deposit rate deeper into the red on Tuesday and pledged to use further tools to push market interest rates lower...

NEW YORK, Sept 21- U.S. consumer credit reporting bureau Equifax Inc risks losing support from banks unless it can show its database on millions of borrowers is secure from another cyber-attack. "Given the level of interdependence between lenders and these data providers, they have a vested interest in there being more than two and would like Equifax to still...

LONDON, Sept 22- Central banks are in danger of falling into a "debt trap" where they can't take needed action for fear of triggering defaults and economic turmoil, a senior Bank for International Settlements official said on Friday. In a speech in London, Claudio Borio, the head of the monetary and economic department at the central bank umbrella group, said it may be...

LONDON, Sept 22- Central banks are in danger of falling into a "debt trap" where they can't take needed action for fear of triggering defaults and economic turmoil, a senior Bank for International Settlements official said on Friday. In a speech in London, Claudio Borio, the head of the monetary and economic department at the central bank umbrella group, said it may be...