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DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.
BERLIN (Reuters) - German Foreign Minister Sigmar Gabriel on Saturday denied a report that said the Social Democrat, whose party has agreed to enter talks with Chancellor Angela Merkel's conservatives on forming a coalition, was eyeing the post of finance minister.
WARSAW (Reuters) - Poland will continue fighting tax evasion, allowing the government to keep public debt in check and finance its public spending agenda, Prime Minister-designate Mateusz Morawiecki said on Friday.
BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.
VATICAN CITY (Reuters) - The Vatican needs to bring cases of suspected money laundering to trial, a European finance watchdog urged on Friday, saying the good progress made by its financial regulators needed to be matched by judicial muscle.
NEW YORK (Reuters) - Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.
WASHINGTON (Reuters) - The new acting head of the U.S. consumer finance watchdog is reviewing whether Wells Fargo & Co should pay tens of millions of dollars over alleged mortgage lending abuse, according to three sources familiar with the dispute.
WARSAW (Reuters) - Poland's ruling conservatives named Finance Minister Mateusz Morawiecki as the country's new prime minister on Thursday as they gear up for a series of elections in the coming years.
BUDAPEST (Reuters) - Hungary's main opposition party would be unable to compete at an election next April if state auditors impose a heavy fine in a campaign finance case, a vice chairman for the nationalist Jobbik party told Reuters on Thursday.
LAUSANNE, Switzerland, (Reuters) - The International Olympic Committee (IOC) on Wednesday said it would not make any payments to the international boxing federation AIBA until problems over governance and finances are sorted out.
BERLIN (Reuters) - Deutsche Boerse Chairman Joachim Faber is considering quitting as head of the exchange operator's supervisory board as early as in 2019, Handelsblatt reported, citing sources in the finance industry.
LONDON (Reuters) - British finance minister Philip Hammond said on Wednesday that the government had not yet decided what it wants from a final Brexit agreement with the European Union because it is still waiting to clear preliminary negotiations with Brussels.
BRUSSELS (Reuters) - European Union finance ministers adopted a blacklist of 17 jurisdictions deemed as tax havens on Tuesday, in an unprecedented step to counter worldwide tax avoidance, although they did not agree on financial levies for the listed countries.
WARSAW (Reuters) - Poland's ruling Law and Justice (PiS) party may replace Prime Minister Beata Szydlo next week with Finance Minister Mateusz Morawiecki as part of a long-expected government reshuffle, four sources told Reuters on Tuesday.
BRUSSELS, Dec 5 (Reuters) - European Union finance ministers plan to adopt a blacklist of tax havens and assess the impact of the United States' planned tax overhaul in a meeting on Tuesday in Brussels.
BEIJING (Reuters) - China Rapid Finance will make any adjustments needed to its business practices and the fees it charges in response to Bejing's new requirements to clean up fast-growing online micro-lenders, its chief executive Zane Wang said on Monday.
BRUSSELS (Reuters) - Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into an escrow account in the first quarter of 2018, the finance minister said on Monday.
DUBAI, Dec 4 (Reuters) - GEMS Education, an international private education provider based in Dubai, has secured a $1.25 billion loan to refinance existing borrowings and to support future growth, it said on Monday.
ATHENS (Reuters) - Greece and official creditors on Saturday concluded talks on the review of its bailout progress, reaching agreement on fiscal issues, energy and labor market reforms, bad loans and privatizations, the country's finance minister said.
WASHINGTON (Reuters) - Pennsylvania's Attorney General is leading the charge among his Democratic peers preparing to shore up protections for borrowers and savers while President Donald Trump follows through on a pledge to defang a powerful consumer finance watchdog.
WASHINGTON, Dec 1 (Reuters) - Pennsylvania's Attorney General is leading the charge among his Democratic peers preparing to shore up protections for borrowers and savers while President Donald Trump follows through on a pledge to defang a powerful consumer finance watchdog.
BRUSSELS (Reuters) - Finance ministers from Latvia, Luxembourg, Portugal and Slovakia bid on Thursday to replace Jeroen Dijsselbloem as the head of the euro zone finance ministers, the Eurogroup, before a vote next week among the 19 countries sharing the euro.
SYDNEY (Reuters) - The Australian government said on Thursday it will hold a wide-ranging inquiry into the finance sector, reversing its long-held opposition amid mounting political pressure and wiping billions of dollars off bank stocks.
LAGOS, Nov 29 (Reuters) - Nigeria's finance minister has suspended the director of the Securities and Exchange Commission while it investigates allegations of financial impropriety against him, a ministry statement said on Wednesday.
CAPE TOWN, Nov 29 (Reuters) - Losses at South African Airways (SAA) are set to widen to 4 billion rand ($292.86 million) in 2017/18 from a previous estimate of 2.8 billion, the state airline's chief financial officer said, piling further pressure on government finances.
CAPE TOWN, Nov 29 (Reuters) - South African Airways (SAA) has outstanding debt of 13.8 billion rand ($1.01 billion) as of this month, the chief executive of the state-run national airline, Vuyani Jarana, told parliament's finance committee on Wednesday.
CAIRO (Reuters) - Militant group Islamic State claimed responsibility for a car bomb attack outside the offices of the Yemeni finance ministry in the southern port city of Aden, the group's news agency Amaq said on Wednesday.
ADEN (Reuters) - Assailants detonated a car bomb outside the Yemeni Finance Ministry offices in the southern city of Aden on Wednesday, killing at least two people, hospital officials and residents said.
WASHINGTON (Reuters) - A U.S. District Court judge on Tuesday sided with President Donald Trump in a legal battle over who should be in charge of the U.S. consumer finance watchdog, allowing White House budget director Mick Mulvaney to serve as acting head.
WASHINGTON (Reuters) - The Trump administration warned that granting a temporary restraining order to prevent the president from naming an interim director of the U.S. consumer finance watchdog would be an extraordinary intrusion into the executive branch and harm the agency.
Nov 28 (Reuters) - The judge overseeing the bankruptcy of Avaya Inc said on Tuesday he would confirm the telecommunication company's Chapter 11 plan, bringing its nearly year-long effort to reorganize its finances effectively to a close.
MEXICO CITY (Reuters) - Mexico's finance minister resigned on Monday to seek the 2018 presidential nomination of the ruling party, anticipating a major break with tradition as it seeks outside help to clean up its tarnished image and stay in office for another six years.
MEXICO CITY (Reuters) - Mexico's finance minister Jose Antonio Meade stepped down on Monday to seek the 2018 presidential nomination for the ruling party, which hopes his honest reputation will help counter the taint of corruption that has blighted its record in power.
HARARE (Reuters) - Ousted Zimbabwe finance minister Ignatius Chombo, charged with three counts of corruption in offences that allegedly took place two decades ago, was denied bail on Monday and will be detained in custody until his case is heard on Dec 8.
MEXICO CITY (Reuters) - Mexico's finance minister, Jose Antonio Meade, stepped down on Monday amid speculation the veteran technocrat will run for president in next year's election under the ruling Institutional Revolutionary Party (PRI) banner.
FRANKFURT (Reuters) - German carmaker BMW will further raise its spending on research and development next year, to 6.5 to 7 percent of sales, its finance chief Nicolas Peter told German daily Handelsblatt.
WASHINGTON (Reuters) - A battle over who should run the U.S. Consumer Financial Protection Bureau (CFPB) in the coming months was set for court as Obama-era holdovers sought to maintain their control over a powerful watchdog which President Donald Trump is seeking to curb.
MEXICO CITY (Reuters) - Mexican finance minister Jose Antonio Meade will step down on Monday, two people familiar with the matter said on Sunday, as the ruling Institutional Revolutionary Party (PRI) gears up to pick its candidate for the 2018 presidential election.
WASHINGTON (Reuters) - The deputy director of the U.S. Consumer Financial Protection Bureau late on Sunday filed a lawsuit seeking to halt President Donald Trump from naming an official to run the watchdog agency on an interim basis.
WASHINGTON (Reuters) - The top lawyer for the U.S. Consumer Financial Protection Bureau (CFPB) has concluded that President Donald Trump has the authority to name its acting director, three sources familiar with the matter said on Sunday, rejecting an effort by her former boss at the agency to name his immediate successor.
WASHINGTON (Reuters) - The White House's plan to appoint an interim leader for the top U.S. regulator for consumer finance came under further scrutiny on Sunday as a senior Democratic senator said the move would violate the Dodd-Frank Wall Street reform law.
WEST PALM BEACH, Fla./WASHINGTON (Reuters) - A battle between the White House and Democrats over warring appointments to head up the top U.S. regulator for consumer finance is likely headed for the courts, opening any interim actions by the agency to legal challenges, lawyers said on Saturday.
HARARE (Reuters) - Former Zimbabwe finance minister Ignatius Chombo, among those detained by the military before Robert Mugabe resigned as president, was charged on Saturday with corruption, including trying to defraud the central bank in 2004.
HARARE (Reuters) - Former Zimbabwe finance minister Ignatius Chombo, among those detained by the military when it seized power before Robert Mugabe resigned, was charged on Saturday with three counts of corruption in offences that allegedly occurred more than a decade ago.
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Saturday he was particularly "shocked" by Nestle's plans to cut up to 450 jobs at its Galderma skin-health research plant in the south of France as the plant benefited from a research tax credit.
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Saturday he believed the banks that closed the accounts of far-right National Front leader Marine Le Pen and her party had good reasons to do so.
HARARE (Reuters) - Former Zimbabwe finance minister Ignatius Chombo, who was among those detained by the military when they seized power before Robert Mugabe resigned this week, appeared in court on Saturday to face corruption charges, his lawyer said.
BEIJING, Nov 25 (Reuters) - The National Internet Finance Association of China issued a risk warning letter late on Friday telling "unqualified institutions" to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan sector to fend off financial risks.
JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling.
ISLAMABAD (Reuters) - Pakistan's Finance Minister Ishaq Dar has been relieved of his portfolio as he is taking time off with sick leave, local media reported on Wednesday, following weeks of speculation about Dar's future in the wake of corruption proceedings against him.
LONDON (Reuters) - Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds ($20 billion) of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond's coffers.
LONDON (Reuters) - Britain will increase the amount of taxation paid by those driving diesel cars that do not meet more stringent emissions standards, finance minister Philip Hammond said on Wednesday.
LONDON (Reuters) - The British government will look into ways to reduce plastic waste through the tax system and charges on single-use plastic items, finance minister Philip Hammond said on Wednesday during his budget speech to parliament.
ANKARA (Reuters) - Turkish authorities have issued detention warrants for 216 people, including former finance ministry personnel, suspected of having links to last year's failed coup attempt, the state-run Anadolu news agency said on Wednesday.
FRANKFURT (Reuters) - German energy group Uniper is cutting a total of around 2,000 jobs, or 14 percent of its workforce, by the end of next year as part of a cost-cutting program it announced a year ago, its finance chief told daily Rheinische Post.
MOSCOW (Reuters) - Russia has proposed ending the publication of the names of banks which finance Russian state-controlled arms producers, in a possible sign that Moscow is preparing for new U.S. sanctions.
BEIJING, Nov 10 (Reuters) - China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services market, as the world's second-biggest economy seeks to position itself as a major global finance hub.
Nov 20 (Reuters) - U.S. companies' borrowing to spend on capital investment rose 2 percent in October from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday, citing increased confidence in the economy.
TOKYO/HONG KONG (Reuters) - Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.
LONDON (Reuters) - Britain will submit its proposals on how to settle its financial obligations to the European Union before an EU Council meeting next month, finance minister Philip Hammond said on Sunday.
LONDON (Reuters) - British finance minister Philip Hammond's budget statement this week will include measures to encourage the development of driverless and electric cars, artificial intelligence and telecommunications, the finance ministry said on Sunday.
(Reuters) - Tesla Inc shares rose on Friday as analysts questioned how soon Chief Executive Elon Musk will have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan.
(Reuters) - Tesla Inc will face further questions about how fast it is burning through its cash pile and how soon it will have to ask creditors and shareholders for more after it unveiled its latest electric vehicles.
(Reuters) - Investors shrugged off any concern over Tesla Inc over-stretching its production and financial resources with the unveiling of new futuristic semi-trucks and a pricey sports car, pushing its shares up almost 4 percent on Friday.
LONDON/FRANKFURT (Reuters) - Top national lenders Deutsche Bank <DBK Gn.DE> and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system grapples with $100 billion in toxic debt from the sector.
BERLIN (Reuters) - Chancellor Angela Merkel's efforts to forge a three-way ruling coalition could stretch into the weekend after the parties missed Merkel's Thursday deadline and failed to reach agreement on key issues such as migration and finances.
BERLIN (Reuters) - Chancellor Angela Merkel's efforts to forge a three-way ruling coalition dragged into the wee hours of Friday, with some participants warning that differences on climate, migration and finances could still cause the talks to collapse.
BARCELONA, Nov 16 (Reuters) - WPP, the world's biggest advertising company, is working on an assumption that its 2018 organic net sales will be flat following a sharp slowdown in 2017, its chief finance officer said on Thursday.
BARCELONA (Reuters) - U.S. No.3 carrier T-Mobile US will propose a "significant" share buyback that could start in December, finance chief Braxton Carter said on Thursday, a sign of confidence after the collapse of its merger with Sprint Corp.
BARCELONA, Nov 16 (Reuters) - U.S. No.3 carrier T-Mobile US will propose a "significant" share buyback that could start in December, finance chief Braxton Carter said on Thursday, a sign of confidence after the collapse of its merger with Sprint Corp.
HONG KONG (Reuters) - China stunned the finance world last week when it unveiled plans to allow foreign control of its financial institutions. Few bankers thought their long-held dream of better access to the world's largest banking market was within reach.