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  • Nov 13- The United States economy could add as many as 5 million workers to its labor force by improving conditions for women workers, including offering better parental leave, a paper published by the San Francisco Federal Reserve Bank on Tuesday found. The San Francisco Fed paper, whose lead author is the bank's new president Mary Daly, analyzed Canada's track...

  • NEW YORK, Nov 13- A top Pacific Investment Management Co economist said on Tuesday the U.S. Federal Reserve risks damaging economic growth while trying to restore rates to normal levels and trade tensions spark inflation. Pimco global economic adviser Joachim Fels said at the Reuters Global Investment 2019 Outlook Summit that rate hikes risk pushing 2- year...

  • Ken Moelis

    Before Ken Moelis founded his own investment bank, he was Donald Trump's banker. The Moelis & Co. founder recently spoke about how the art of the deal has changed — and the big debt problem he thinks will soon hit the market.

  • Howard Davies, chairman of Royal Bank of Scotland Group Plc

    Howard Davies, chairman of British bank RBS, told CNBC on Tuesday that the U.K. risks a slowdown to its economy if uncertainty over Brexit continues.

  • CAPE TOWN, Nov 13- MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year, its CEO said on Tuesday, further embedding the South African telecoms company in its biggest but increasingly problematic market. Nigeria announced last month that it would allow telecom companies to provide banking services, aiming to...

  • Frankfurt's skyline as viewed from the top floor of the new European Central Bank headquarters.

    Europe's much-vaunted banking union has made progress but more needs to be done to make it perfect, the vice president of the European Banking Federation, told CNBC.

  • A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in New York.

    The secret guilty plea in October by a former commodity trader at J. P. Morgan Chase, who admitted that he rigged precious metals markets, drew the attention of a lawyer who has already accused the bank of similar conduct.

  • CAPE TOWN, Nov 13- MTN Group will apply for a mobile banking license in Nigeria and plans to launch a service there next year, its CEO said on Tuesday, further embedding the South African telecoms company in its biggest but increasingly problematic market. Nigeria announced last month that it would allow telecom companies to provide banking services, aiming to...

  • CAPE TOWN, Nov 13- MTN Group will apply for a mobile banking license in Nigeria and launch a service there next year, its CEO said on Tuesday, further embedding the South African telecoms company in its biggest but increasingly problematic market. "We will be applying for a payment service banking license in Nigeria in the next month or so, and if all goes according to...

  • BEIJING, Nov 13- China's outstanding total social financing was 197.89 trillion yuan at the end of October, up 10.2 percent from a year earlier, the central bank said on Tuesday. TSF includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales.

  • Sergio Ermotti, chief executive officer of UBS Group AG.

    The European banking system needs consolidation and that becomes more inevitable day after day, the head of one of the largest banks in Europe told CNBC on Tuesday.

  • Jerome Powell, chairman of the U.S. Federal Reserve, right, walks with Mario Draghi, president of the European Central Bank (ECB), during the spring meetings of the International Monetary Fund (IMF) and World Bank in Washington, D.C., U.S., on Friday, April 20, 2018.

    Governments tend to look at short-term targets, often fueled by their intentions to attract vote banks before election time, but central banks generally focus on longer-term targets for the economy.

  • 'Proceed with caution' in global macro environment: Bain Capital

    Steve Pagliuca of Bain Capital says he is "selectively bullish" on India and it has "great investment" opportunities in the long term.

  • TUESDAY, NOVEMBER 13 JOHANNESBURG- World Bank officials to meet Zambia finance ministers and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. MELBOURNE- Panel Participation by Guy Debelle, RBA Deputy...

  • IDAHO FALLS, Idaho, Nov 12- With the U.S. economy at or beyond full employment and inflation likely to rise slightly above a 2 percent goal over the next year, the Federal Reserve should continue to raise rates gradually, its newest policymaker said Monday-- but not necessarily next month. "My modal forecast is for two to three over the next period of time, with the exact...

  • LONDON, Nov 12- Banks, law firms and other advisers stand to earn up to $963 million in fees from Takeda Pharmaceutical's $62 billion takeover of drugmaker Shire, according to documents for the deal published on Monday. The Japanese company expects spend about $733.4 million in fees and expenses in total, while London- listed Shire's costs will range between...

  • Nov 12- Italy's Banca Carige confirmed on Monday it will get up to 400 million euros from the country's biggest banks and private investors to meet a European Central Bank year-end deadline to boost its capital. Italy's banking sector, which was just emerging from years of restructuring following a deep recession, is now wrestling with shrinking capital...

  • ROME/ MILAN, Nov 12- Healthy Italian banks will help to fill a 400 million euro hole on Banca Carige's balance sheet, sources close to the matter said on Monday, in order to avert a possible crisis that would further destabilise the sector. Carige is Italy's last remaining large problem bank. The European Central Bank has given it until Nov. 30 to detail how it will fill...

  • Masayoshi Son, chairman and chief executive officer of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan.

    SoftBank Group's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange in an initial public offering worth $21.04 billion, a regulatory filing showed.

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