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Central bank moves to cut lenders' funding costs

RRRreductionwillincreasesupplyoflong-termcapital,stabilizeliquidityChina'scentralbankannouncedacutinsomefinancialinstitutions'reservedcashamountby1percentagepoi

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Doubts over U.S. bank capital payouts may cloud strong earnings

QuirksinthenewU.S.taxcodearesowingdoubtsoverhowmuchbigbankscanboostdividendsandstockbuybacksthisyear,threateningtotaketheshineoffwhatarelikelytobestrongquarterl

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'Extreme' fossil fuel investments have surged under Donald Trump: report

Bankholdingsin“extreme”fossilfuelsskyrocketedgloballyto$115bnduringDonaldTrump’sfirstyearasUSpresident,withholdingsintarsandsoilmorethandoubling,anewreporthasfo

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Cyber-attacks biggest risk for Swiss banks: watchdog

Cyber-attacksposethebiggestthreattotheSwissfinancialsystemwithrisksfromhackingincursionsontherise,watchdogFINMAwarnedonTuesday.“Therisksconnectedwiththeseattack

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Banks ordered to enable freezing and deducting of online accounts

Atleast21banksinChinahavebeenorderedtolaunchfeaturessuchasfreezingbankaccountsanddeductingbankdepositsonlinebytheendofMarch,soastoassistthepeople’scourtandfinan

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Chinese banks become sixth-largest global creditor group: BIS

Chinesebankshavesignificantlysteppeduptheirlendingactivitiesinrecentyearstoranknowasthesixth-largestinternationalcreditorgroup,theBankforInternationalSettlement

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Africa's banking markets 'outperforming' developed world

Whenitcomestoprofitabilityandgrowthinthebankingsector,Africaranksnumbertwointheworld,accordingtoanewreport.Infiveyears,thenumberofbankedAfricanshasrisenbythree-

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China’s banking sector evolves over past four decades

Thisyearmarksthe40thanniversaryofChina’sreformandopeningup.Theworld’ssecondlargesteconomyhasseenaremarkabletransformationinitsfinancialsystemeversince.Thepastfo

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China cuts red tape for foreign banks

China'sbankingregulatorhascutredtapeforforeignbanks.TheChinaBankingRegulatoryCommissionhasrevisedrulesforforeignbanks,scrappingapprovalproceduresforfouritems,in

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India: RBI orders changes to bank protocols after $1.8 bln fraud case

India’scentralbankhastoldlenderstolinktheirinternalsoftwarewiththeSWIFTinterbankmessagingsystembytheendofApril,andtoalterarangeofotherprotocolswithimmediateeffe

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China's regulator issues new rules on derivative products

China’sbankingregulatorissuednewrulesonTuesdaytocontrolcounterpartyriskforderivativetoolsascommercialbanksincreasetheiroffshorederivativetradingactivities.Thene

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Apple and other tech titans could threaten big banks in one key area

CreditratingfirmStandardPoor'sbelievesthat"techtitans"likeAppleandAmazondon'tposeathreattobigbanksintheshort-term,butcouldchallengetheirpaymentsbusinessesinthel

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Banks can use reserves to shore up Spring Festival liquidity in China

ThePeople’sBankofChinahasdecidedtosetupanarrangementforthetemporaryutilizationofreserves,soastomeetthedemandoftemporaryliquidityarisingfromcommercialbanks’large

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China central bank skips open market operations for 3rd consecutive work

China'scentralbanksuspendedopenmarketoperationsforthethirdworkingdayTuesday,citingsufficientliquidityinthebankingsystem.Liquiditywasata"relativelyhighlevel"afte

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Bubble or breakthrough? Bitcoin keeps central bankers on edge

‍Centralbankerssaythesuccessofbitcoinandothercryptocurrenciesisjustabubble.Butitkeepsthemawakeatnightbecausetheseprivatecurrenciesthreatentheircontrolofthebanki

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Baidu and CITIC’s direct bank officially opens

China’sfirstindependentdirectbankbeganoperatingofficiallyonSaturday,co-ownersBaidu,thesearchgiant,announcedinanewsrelease.CITICaiBankCorpLtd(orBaixinBankinManda

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China unveils special rules on policy banks

China'sbankingregulatoronWednesdayannouncedspecialrulesforthecountry'sthreepolicybanksforthefirsttime,featuringacapitalrestraintmechanismtostrengthenriskcontrol