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  1. Cuba’s Tech Start-up Sector: ‘People Are Hungry to Work’

    Headlines

    Wed, 25 Feb 2015

    separated only by 90 miles, would work to reopen diplomatic channels, ease travel and trade restrictions, and allow for U . S . banks to start processing transactions on the island. But even before the announced thawing of relations, Cuba was developing sought

  2. Foreign Banks in China Can Leverage Digital Expertise for Growth

    Headlines

    Wed, 25 Feb 2015

    with China, which will overtake the U.S. as the world’s largest trading nation. Asian banks, more than European or U . S . banks , stand to benefit from this intra-region trade pattern given their relationship with regional corporates. Today, China

  3. Large U.S . banks weigh down industry's Q4 net income - FDIC

    Headlines

    Tue, 24 Feb 2015

    WASHINGTON, Feb 24 (Reuters) - Net income at U . S . banks overseen by the Federal Deposit Insurance Corp dropped by 7.3 percent in the fourth quarter, the regulator said on Tuesday, weighed down by...

  4. BMO's Quarterly Results Reflect Unsettled Environment Due to Lower Rates, Oil, and Canadian Dollar

    Commentary

    Tue, 24 Feb 2015

    P&C banking results were buoyed by strong loan growth in the face of tighter margins, which has been typical for most U . S . banks . On the other hand, wealth management realized lower net income compared with last quarter and a year ago due to higher compensation

  5. RBS poised to take four billion pounds hit on value of U.S . bank Citizens: sources

    Headlines

    Fri, 20 Feb 2015

    LONDON (Reuters) - Royal Bank of Scotland is likely to write down the value of its U . S . bank Citizens by about 4 billion pounds ($6.2 billion) next week, industry sources said, potentially wiping out much of the state-backed bank's annual profit.

  6. Fitch: CCAR to Highlight US Bank Capital Flexibility Divide

    Headlines

    Thu, 19 Feb 2015

    Capital Analysis and Review (CCAR) could highlight an increasing capital-flexibility divide among the 31 participating US banks , says Fitch Ratings. Banks that did not pass last year's CCAR, or are new to the process, are likely to submit more

  7. Somalis panic as cash flow dries up after U.S. remittance lifeline cut - TRFN

    Headlines

    Thu, 19 Feb 2015

    NAIROBI, Feb 19 (Thomson Reuters Foundation) - Somali families are panicking and businesses are running short of funds two weeks after the last major U . S . bank stopped transferring money to the fragile Horn of Africa country, development groups said.

  8. FBI, Secret Service see no signs Carbanak attacked U.S . banks

    Headlines

    Wed, 18 Feb 2015

    Feb 18 (Reuters) - U.S. law enforcement agencies said it appears that U . S . banks were not among those victimized by a cybercrime gang accused of masterminding a series of multimillion-dollar heists at financial institutions around the globe.

  9. JPMorgan tops list of risky banks: government study

    Headlines

    Tue, 17 Feb 2015

    WASHINGTON (Reuters) - JPMorgan Chase & Co bears the highest potential hazard to the financial system if it were to fail, a staff study released by a U.S. government research agency showed, providing a first-of-its-kind numerical risk ranking of U . S . banks .

  10. UPDATE 1-JPMorgan tops list of risky banks -U.S. government study

    Headlines

    Tue, 17 Feb 2015

    WASHINGTON, Feb 17 (Reuters) - JPMorgan Chase & Co bears the highest potential hazard to the financial system if it were to fail, a staff study released by a U.S. government research agency showed, providing a first-of-its-kind numerical risk ranking of U . S . banks .

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