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U.S. consumer bureau’s first criminal referral is a warning for regulated banks
When conducting an examination, its examiners look at issues such as potential legal violations involving unfair, deceptive, or abusive practices, issues arising from complaints, and specific…
Wall Street jumps as banks lead S&P 500 to new high
NEW YORK (Reuters) – Stocks rose and extended a recent rally on Tuesday, with the S&P 500 and Dow hitting a new intraday high as investors bet that the market’s upward momentum would continue.
Banks lead Britain’s FTSE down from five-year high
* Travel and leisure led down by airlines on virus concerns
US STOCKS SNAPSHOT-Wall St turns higher, led by banks and tech
NEW YORK, May 8 (Reuters) – U.S. stocks turned higher on Wednesday, putting the S&P 500 on track for a fifth straight day of gains as financial and technology companies led the way higher.
Banks paint wider targets after early misses
LONDON, May 5 (Reuters) – It has taken banks years to rein in their optimism and start setting targets they have some chance of meeting, finally chastened by conspicuous failure in meeting the unrealistic expectations they touted.
Australian shares finish flat ahead of US payrolls; banks retreat
SYDNEY, May 3 (Reuters) – Australian shares finished the session largely flat on Friday as investors turned cautious ahead of a key U.S. jobs report while booking profits in financial stocks.
Posted in News
Tagged ahead, australian, banks, Finish, flat, payrolls, retreat, shares
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Australian shares up 0.6 pct, banks lead market to highest close in 7 wks
SYDNEY, April 29 (Reuters) – Australian shares rose 0.6 percent to its highest close in seven weeks on Monday, led by strong gains in the banking sector as investors chased high yielding stocks in a…
Greek PM says deposits are safe, banks shielded – paper
ATHENS, April 13 (Reuters) – Greek bank deposits are safe and the country’s lenders are protected due to a recapitalisation scheme which will be completed by the end of April, Prime Minister Antonis…
UK’s FTSE keeps climbing as banks and miners rise
* Record high on S&P and robust China data buoys sentiment
New Basel credit-exposure limits will force banks to think harder on concentration
In light of the new guidance provided by the BIS and numerous scandals that marred the banking industry since early 2012, U.S. regulators will be under pressure to revise their proposals in the…
Posted in Best Trends
Tagged banks, Basel, concentration, creditexposure, force, Harder, Limits, think
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