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  • ROME European Central Bank board member Vitor Constancio will give the opening speech at the convention on "Banking Union and Basel 3- Risk and Supervision" organized by the Italian Banking Association in Rome 0815 GMT. FRANKFURT- Riksbank Deputy Governor Cecilia Skingsley is taking part in a panel discussion on how new technologies shape the future of...

  • ROME European Central Bank board member Vitor Constancio will give the opening speech at the convention on "Banking Union and Basel 3- Risk and Supervision" organized by the Italian Banking Association in Rome 0815 GMT. FRANKFURT- Riksbank Deputy Governor Cecilia Skingsley is taking part in a panel discussion on how new technologies shape the future of...

  • Washington, June 13- Wall Street banks on Tuesday cheered U.S. The Trump administration has said the bulk of its plan for overhauling bank regulation can be done via executive order and through regulators, rather than requiring legislation from Congress. Trump has gradually been nominating heads of financial agencies, but only Treasury Secretary Steven...

  • *Tech shares recover after selloff. NEW YORK, June 13- World stock markets rose on Tuesday as technology shares recovered from a recent sell-off while short-dated U.S. bond yields briefly hit multi-week highs ahead of an anticipated interest rate increase from the Federal Reserve. The U.S. central bank is widely expected to raise its benchmark interest rate on...

  • The Wall Street bank said on Tuesday it has selected Andrew Rowe to head its community banking customer segments team, effective September. John Haynes, a senior vice president for Freepoint Commodities, has left the trading firm for Citigroup's energy division, two sources familiar with the matter said on Monday. HSBC has hired former Goldman Sachs banker Rob...

  • SAO PAULO, June 13- Brazilian banks might be unable to lower loan-loss provisions as much as expected this year because of a potential wave of plea deals involving corporate borrowers as well as mounting political turmoil, JPMorgan Securities said on Tuesday. Analyst Natalia Corfield wrote in a client note that a still sluggish economy and weaker prospects...

  • Federal Reserve and a Senate panel's questioning of Attorney General Jeff Sessions about his dealings with Russian officials. Gold prices turned higher about an hour-and-a-half before Sessions faced questions about his dealings with Russian officials and whether he intentionally misled Congress, as a Senate panel investigates alleged Russian...

  • *Dow industrials hit record intraday high. June 13- Wall Street gained on Tuesday, with the Dow hitting an all-time high, as bank shares rose ahead of an expected Federal Reserve interest rate hike and technology stocks bounced back. "The selloff in tech probably was a bit further than people expected, so there is some bargain hunting back into that sector," said Rick...

  • ROME/ BRUSSELS, June 13- Italy is close to agreeing with the European Commission a deal to rescue ailing regional banks Popolare di Vicenza and Veneto Banca while limiting losses for investors, the country's economy minister said on Tuesday. Italy is racing to get a deal on bailing out the two Veneto- based lenders to stem a deposit flight which has already forced...

  • Bill Gross says all financial markets are 'increasingly at risk'

    In his June investment outlook, Bill Gross warned investors about market illusions created by easy monetary policy.

  • Are banks a good buy ahead of the Fed's meeting?

    CNBC's Steve Liesman speculates what to expect ahead the Federal Reserve's two-day meeting and whether to buy into bank stocks ahead of the meeting.

  • A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange (NYSE) in New York.

    Citigroup's CFO said second-quarter trading revenue will be down by as much as 13 percent.

  • NEW YORK, June 13- World stock markets rose with bank shares and short-dated U.S. bond yields hit multi-week peaks on Tuesday as investor focus turned to the Federal Reserve's monetary policy meeting. "Wednesday's meeting is pretty much a high-risk event," said Charles Comiskey, head of Treasuries trading at Bank of Nova Scotia in New York. The Bank of Japan and the...

  • LONDON/ HONG KONG June 13- U.S. plans to delay globally-agreed reforms to make banks safer after the financial crisis will throw a system of international regulatory cooperation into confusion, European Union and Asian regulatory sources said on Tuesday. "In Europe, we must be careful not to forget the lessons of the financial crisis. Treasury has called for a...

  • TORONTO, June 13- Canada's main stock index fell on Tuesday as heavyweight banking, energy and mining stocks weighed, while Shaw Communications Inc jumped after announcing deals to sell its data center business and buy wireless airwaves. First Quantum Minerals Ltd fell 4 percent to C $11.44, as copper prices eased from a near two-month high.

  • LONDON/ HONG KONG June 13- U.S. plans to delay globally-agreed reforms to make banks safer after the financial crisis will throw a system of international regulatory cooperation into confusion, European Union and Asian regulatory sources said on Tuesday. "In Europe, we must be careful not to forget the lessons of the financial crisis. Treasury has called for a...

  • Mnuchin does not want 'heavy-handed' regulations: Cramer

    The "Squawk on the Street" crew chat about the Treasury's plans to soften rules on financial regulations.

  • June 13- U.S. stocks looked set to open higher on Tuesday as technology shares staged a recovery after a two-day rout, while investors awaited the Federal Reserve to kick off a meeting, where it is almost certain to raise interest rates. Investors are also looking for more details on the central bank's plans to trim its $4.5 trillion balance sheet.

  • LONDON, June 13- As the Fed prepares to raise interest rates again and actively considers how and when to start exiting QE, it appears that the process of normalizing monetary policy across the Western world is slowly but surely getting into gear. Global conditions for unwinding crisis-fueled stimulus look fertile: the strongest economic growth in years,...

  • PARIS, June 13- Canada's dollar hit a two-month high on Tuesday after the Canadian central bank raised the prospect of an interest rate hike as soon as this year, while the U.S. dollar inched down as traders eyed the start of a two-day Federal Reserve meeting. Bank of Canada Senior Deputy Governor Carolyn Wilkins said late on Monday that first-quarter growth in the...

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