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  • *Bank faced fraud charges over 2008 Qatar deal. LONDON, May 21- A British court has dismissed charges brought by the Serious Fraud Office against Barclays over its 2008 capital raising, the bank said on Monday, suspending for now the threat of regulatory sanctions on its business operations. Barclays denied the SFO's allegation that a $3 billion loan it made to...

  • MOSCOW, May 21- The Russian central bank will inject an extra 18 billion roubles into Otkritie Group, which it rescued last year, to keep afloat three pension funds run by what was once Russia's largest private lender, sources told Reuters. The Bank of Russia rescued Otkritie, B&N Bank and Promsvyazbank in 2017. The central bank has already channeled 42 billion...

  • Fifth Third Bank headquarters in Cincinnati, Ohio.

    U.S. regional bank Fifth Third Bancorp on Monday said it would buy MB Financial in a stock-and-cash deal valued at about $4.7 billion.

  • *Bank faced fraud charges over 2008 Qatar deal. Barclay denied the SFO's allegation that a $3 billion loan it made to Qatar in November 2008 was connected with a Qatari investment in the British bank which ultimately helped it avoid a British government rescue during the financial crisis, unlike its rivals Lloyds and Royal Bank of Scotland.

  • LONDON, May 21- A British court has dismissed charges brought by the Serious Fraud Office against Barclays over its 2008 capital raising, Barclays said on Monday. As part of the fundraising the bank was alleged to have given Qatari investors an illegal loan which was then used to prop up its shares during the banking crisis. Charges against Barclays and its...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • Containers are loaded onto a ship at Qingdao Port on Mar. 8, 2018, in Qingdao, China.

    China's push to open up its financial sector to foreign banks and financial institutions will not reward protectionism by other countries, an official said Saturday.

  • *China to speed up opening up of financial sector- official. China wants to accelerate the process of opening up, but countries afraid of exposing their own financial sectors to competition would not benefit, Chen Wenhui, the vice-chairman of the China Banking and Insurance Regulatory Commission, told a forum. Central bank governor Yi Gang said last month that...

  • *China to speed up opening up of financial sector- official. Chen Wenhui, the vice-chairman of the China Banking and Insurance Regulatory Commission, told a forum that China aimed to accelerate the process of opening up, but countries afraid of exposing their own financial sectors to competition would not benefit. Central bank governor Yi Gang said last month...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • MONDAY, MAY 21 ATLANTA- Federal Reserve Bank of Atlanta President Raphael Bostic speaks on "Welfare Economics: Trade and a Review of Principles" before the Atlanta Economics Club- 1615 GMT. NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker participates in conversation before the Chief Executives Organization's CEO Financial Seminar...

  • *GOA is lobbying for anti-discriminatory lending clause. WASHINGTON, May 18- The U.S. gun lobby is taking aim at "gun-hating" banks after Citigroup Inc and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists. The attack by Gun Owners of America and the National Rifle Association could imperil...

  • Jack Dorsey, CEO and co-founder of Twitter and founder and CEO of Square

    Square customers are treating the payment company's Cash app more like a bank account than the company intended, CEO Jack Dorsey said this week.

  • Lloyd Blankfein, CEO, Goldman Sachs

    Kate Kelly of the New York Times discusses her reporting on the timeline of Lloyd Blankfein's departure from Goldman Sachs.

  • Lloyd Blankfein, Chairman and CEO of Goldman Sachs, at the 2018 WEF in Davos, Switzerland.

    The Wall Street giant's president, David M. Solomon, is likely to be named chief executive officer by the end of this year, The New York Times reports.

  • BERLIN, May 18- Germany's No. 2 lender DZ Bank said on Friday it will suspend financial transactions with Iran in July following U.S. "We will completely suspend our foreign payment transactions related to Iran starting July 1st," said a spokesman for Frankfurt- based DZ Bank, which is the umbrella organization of German cooperative bank chain...

  • BERLIN, May 18- German lender DZ Bank will suspend financial transactions with Iran in July, it said, after U.S. President Donald Trump's decision to pull out of the Iran nuclear deal created uncertainty over business dealings with the country. "We will completely suspend our foreign payment transactions related to Iran starting July 1st," a spokesman for the...

  • *GOA is lobbying for anti-discriminatory lending clause. WASHINGTON, May 18- The U.S. gun lobby is taking aim at "gun-hating" banks after Citigroup Inc and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists. The attack by Gun Owners of America and the National Rifle Association could imperil...

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