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  • *Net adjusted bond supply +3 bln euros in 2018: ABN AMRO. LONDON, Dec 7- Euro zone governments could issue more bonds next year than the European Central Bank is likely to buy for the first time since before the central bank launched its massive stimulus to boost growth and inflation in the single currency bloc. ECB monthly asset purchases are set to halve in January...

  • Whalen:  Financial sector on fundamental basis is considerably overvalued

    Chris Whalen of Whalen Global Advisors discusses the impact the tax reform bill could have on financials in the short-term.

  • Chinese steel companies are a key source of risky debt.

    Consumption and innovation will be the two major growth drivers in China in the years ahead, JPMorgan Chase's Jing Ulrich said.

  • A 15-meter-tall panda sculpture hangs on the Chengdu International Finance Square building in Chengdu, China.

    China's growth rate will be "much, much lower" when Beijing gets a grip on debt, an expert said.

  • The International Monetary Fund (IMF) logo is seen at the IMF headquarters building in Washington.

    The three tensions emerged while China transitions from the world's factory to a more modern, consumer-driven economy, the IMF said.

  • FRANKFURT- ECB President Mario Draghi participates in his capacity as Chair of the Group of Governors and Heads of Supervision in a press conference by the Bank for International Settlements, hosted at the European Central Bank in Frankfurt, Germany 1600 GMT. FRANKFURT- ECB President Mario Draghi holds a news conference on Basel banking reforms 1500 GMT.

  • Highland Capital's Mark Okada: Global economy starting to look 'Goldilocks'

    Mark Okada, Highland Capital Management, discusses the market and the economy inching toward a 'Goldilocks' feeling.

  • The silhouette of a pedestrian holding a mobile device is seen walking past a Citigroup bank branch in San Francisco.

    Much has been written about the boost to corporations from lower taxes, but Citi pointed out there are also consequences.

  • *Bank of Canada leaves benchmark interest rate at 1 percent. TORONTO, Dec 6- The Canadian dollar fell on Wednesday against its U.S. counterpart after the Bank of Canada held interest rates steady and showed enough caution to dampen expectations for a hike early next year. Investors had been interested in how the Bank of Canada would characterize the labor market...

  • WASHINGTON, Dec 6- Bank examiners can continue working inside the banks they supervise, U.S. Comptroller of the Currency Joseph Otting said on Wednesday, in a policy reversal for the U.S. banking regulator. The policy shift was first reported by Bloomberg.

  • *Bank of Canada leaves benchmark interest rate at 1 percent. TORONTO, Dec 6- The Canadian dollar fell on Wednesday against its U.S. counterpart after the Bank of Canada held interest rates steady and showed enough caution to dampen expectations for a hike early next year. Investors had been interested in how the Bank of Canada would characterize the labor market...

  • SunTrust CEO: We want regulations 'tailored to a bank's risk profile'

    William "Bill" Rogers, SunTrust chairman and CEO, talks to CNBC's Wilfred Frost about tax reform, deregulation and consolidation in the banking industry.

  • LAGOS, Dec 6- Nigerian stocks gained for the sixth straight day on Wednesday to hit a new three-year high as investors bought consumer goods and banking shares. FBN Holdings gained 10.12 percent, the maximum allowed on the bourse. Transcorp, Diamond Bank and FCMB were each up more than 9 percent.

  • Bitcoin

    Bitcoin, the largest cryptocurrency, soared above $12,000 for the first time Wednesday, lifting the market.

  • TOKYO, Dec 6- Japanese government bonds were steady on Wednesday, underpinned by slumping equities, as investors looked to the next session's 30- year JGB auction. On Thursday, the Ministry of Finance will auction 800 billion yen of 30- year JGBs. "Banks' lending attitude remains strong and financial intermediation hasn't deteriorated," Masai told a news...

  • TOKYO, Dec 6- Japanese government bonds were steady on Wednesday, underpinned by slumping equities, as investors looked to the next session's 30- year JGB auction. On Thursday, the Ministry of Finance will auction 800 billion yen of 30- year JGBs. "Banks' lending attitude remains strong and financial intermediation hasn't deteriorated," Masai told a news...

  • NEW YORK— A federal credit union in New York City has sued President Donald Trump, saying his acting director of the Consumer Financial Protection Bureau is "trying to minimize its existence." The Lower East Side People's Federal Credit Union lawsuit was filed Tuesday in Manhattan federal court. The lawsuit challenges Trump's appointment of Mick Mulvaney, the...

  • WASHINGTON— A Senate panel on Tuesday approved legislation that would provide banks and credit unions with relief from some of the stricter regulatory requirements put in place after the 2008 financial crisis. That bill had no chance of gaining the 60 votes necessary to overcome a filibuster in the Senate. Supporters from both major parties said the Senate...

  • A Bank of America branch in New York.

    The GOP wants to cut corporate taxes to spur growth and jobs, but critics say companies will just use their windfall to enrich shareholders and executives

  • The Banking Committee advanced the legislative package by a vote of 16 to 7, where it now heads to the full Senate for consideration. The bill is supported by nearly every Republican in the Senate and at least 12 Democrats, making its passage extremely likely. While the bill seems likely to pass the Senate, its path forward remains unclear.

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