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technologyNews reuters.com

Banking group Nordea bans bitcoin trading

STOCKHOLM (Reuters) - Nordea has forbidden all its roughly 31,000 employees from trading in cryptocurrencies such as bitcoin due to high risks, it said on Monday.

politicsNews reuters.com

Deutsche Bank denies Manager Magazin report on Kushner

FRANKFURT (Reuters) - Deutsche Bank on Monday denied a magazine report that said that the bank had reported to German banking supervisors suspicious funds associated with Jared Kushner, U.S. President Donald Trump's son-in-law and advisor.

companyNews reuters.com

UPDATE 1-U.S. federal workers worry about government shutdown

Jan 22 (Reuters) - Thousands of federal workers faced uncertainty about the status of their jobs and paychecks after U.S. Senate leaders failed to reach an agreement to end a government shutdown before the work week begins on Monday.

cnn.com

Opinion: This time bankruptcy won't get Trump out of a mess

"When the going gets tough, the tough get going," the saying goes. But in Donald Trump's case, that expression could be amended to: "When the going gets tough, Trump files for bankruptcy" -- at least with respect to his ventures that hit especially hard times.

companyNews reuters.com

Israel's Bank Leumi to sell 15 pct of U.S. unit for $141 mln

TEL AVIV, Jan 22 (Reuters) - Bank Leumi has agreed to sell a 15 percent stake in its subsidiary Bank Leumi USA to two strategic investors for $141 million, Israel's second largest bank said on Monday.

companyNews reuters.com

Anxiety for U.S. federal workers facing government shutdown furloughs

Jan 22 (Reuters) - Thousands of federal workers faced anxiety about the status of their jobs and paychecks after U.S. Senate leaders failed to reach agreement to end a federal government shutdown before the work week begins on Monday.

businessNews reuters.com

Exclusive: Philadelphia Energy Solutions to file for bankruptcy - memo

(Reuters) - Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters.

Corruption (Institutional) nytimes.com

How Corruption and Cronyism in Banking Fueled Iran’s Protests

Thousands lost their savings in the collapse of shady banks, part of a broader economic system plagued by insider dealing, mismanagement and inefficiency.

Assaults nytimes.com

Neighbor to Plead Guilty to Federal Charge in Attack on Rand Paul, Lawyer Says

Rene A. Boucher of Bowling Green, Ky., is expected to plead guilty in federal court, where prosecutors will seek a sentence of up to 21 months, his lawyer said.

Bank of America Corporation nytimes.com

Bank of America Executive Departs After Misconduct Claim

The executive, Omeed Malik, was accused of inappropriate sexual conduct with a young woman, according to people briefed on the bank’s investigation.

cnn.com

Trump appointee lays out plan to relax regulations on banks

businessNews reuters.com

S&P, Nasdaq hit records, Dow muted as government shutdown looms

NEW YORK (Reuters) - The S&P 500 and the Nasdaq rose on Friday, led by gains in consumer stocks and hitting intraday highs, even as a possible government shutdown loomed.

companyNews reuters.com

US STOCKS-S&P, Nasdaq hit records, Dow muted as govt shutdown looms

* Dow up 0.03 pct, S&P up 0.3 pct, Nasdaq up 0.5 pct (Updates to late afternoon, changes byline, adds dateline NEW YORK)

Bribery and Kickbacks nytimes.com

Federal Prosecutors Announce Plans to Retry Senator Menendez

The Department of Justice announced on Friday its intent to retry Senator Robert Menendez on federal corruption charges, just two months after his initial trial ended in mistrial.

companyNews reuters.com

BRIEF-American National Bankshares Announces Stock Repurchase Plan Of Up To 300,000 Shares

* AMERICAN NATIONAL BANKSHARES INC. ANNOUNCES A STOCK REPURCHASE PLAN

companyNews reuters.com

BRIEF-Bank Of Commerce Holdings Reports Quarterly EPS $0.00

* BANK OF COMMERCE HOLDINGS - QTRLY NET INTEREST INCOME $10.9 MILLION VERSUS $9.4 MILLION Source text for Eikon: Further company coverage:

companyNews reuters.com

CANADA STOCKS-TSX rises, led by bank and railroad shares

TORONTO, Jan 19 (Reuters) - Canada's main stock index rose on Friday, led by gains for the heavyweight financials group and industrial shares, while energy stocks were weighed by lower oil prices.

Books and Literature nytimes.com

Fiction: From Isabel Allende, a Novel of Three Immigrants and a Brooklyn Misadventure

Two professors aid an undocumented worker following an accident that launches a trio of narratives about life lived across America’s borders in “In the Midst of Winter.”

companyNews reuters.com

SoftBank telecoms IPO faces headwinds from govt-backed upstarts

* SoftBank telecoms IPO could be largest Japan listing in 20 yrs

businessNews reuters.com

SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

companyNews reuters.com

UPDATE 2-SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO, Jan 18 (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

PersonalFinance reuters.com

Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law

(Reuters) - Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.

entertainmentNews reuters.com

Prosecutors want testimony of 19 other accusers for Cosby retrial

(Reuters) - Pennsylvania prosecutors on Thursday asked the judge who will preside over the second sexual assault trial of actor Bill Cosby to allow the testimony of 19 other accusers, including 12 women who were not allowed testify in the entertainer's first trial.

businessNews reuters.com

Uber-SoftBank deal has closed, making SoftBank largest shareholder

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

domesticNews reuters.com

Prosecutors accuse parents of torturing California siblings

LOS ANGELES (Reuters) - The California couple accused of keeping their 13 children captive in the family's squalid home were charged on Thursday with torture, child abuse and false imprisonment, as prosecutors said the victims were beaten, starved and chained.

businessNews reuters.com

Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

companyNews reuters.com

UPDATE 1-Brazilian prosecutors ask BNY Mellon unit to return $2.5 bln to local fund

SAO PAULO, Jan 18 (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

companyNews reuters.com

MOVES-Bank of America names MacDonald new global TMT head; Zakkour departs

Jan 18 (Reuters) - Bank of America Corp has appointed Jack MacDonald to be head of global technology, media and telecom investment (TMT)banking, following the departure of Anwar Zakkour, the banker who formerly led the TMT group, according to a memo seen by Reuters.

companyNews reuters.com

Brazilian prosecutors ask BNY Mellon to return $2.5 bln to local fund

SAO PAULO, Jan 18 (Reuters) - Brazilian prosecutors in Sao Paulo asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

businessNews reuters.com

Deutsche Bank CEO says overhaul will take time

BERLIN/FRANKFURT (Reuters) - Deutsche Bank's CEO on Thursday said an overhaul of the bank would take time but plans to turn around its performance were on the right track.

worldNews reuters.com

Russia accuses Washington of leaking diplomats' bank details

MOSCOW (Reuters) - Russia's foreign ministry on Thursday accused U.S. officials of leaking to the media confidential financial details of Russian diplomats working in the United States, and demanded that those responsible be punished.

PersonalFinance reuters.com

Ex-Bank of America executive Malik to launch fund advisory firm

NEW YORK (Reuters) - Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative investment managers,...

companyNews reuters.com

CANADA STOCKS-TSX flat as energy stocks fall, banks push higher

TORONTO, Jan 18 (Reuters) - Canada's main stock index was little changed in early trade on Thursday, as energy stocks fell and banks rose.

companyNews reuters.com

BRIEF-CNB Bank Shares And Jacksonville Bancorp Announce Agreement To Merge

* CNB BANK SHARES, INC. AND JACKSONVILLE BANCORP, INC. ANNOUNCE AGREEMENT TO MERGE

companyNews reuters.com

BRIEF-Webster Financial Records 1-Time Revaluation Adjustment To Net Deferred Tax Assets Of About $20.9 Mln

* WEBSTER FINANCIAL SAYS RECORDED 1-TIME REVALUATION ADJUSTMENT TO NET DEFERRED TAX ASSETS DURING QUARTER ENDED DEC 31, 2017 OF ABOUT $20.9 MILLION - SEC FILING

businessNews reuters.com

Morgan Stanley's wealth management business helps bank top estimates

(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management offset a drop in trading revenue.

companyNews reuters.com

BRIEF-M&T Bank Corp Q4 Operating Earnings Per Share $2.04

* ORATION ANNOUNCES 2017 FOURTH QUARTER AND FULL-YEAR RESULTS

Bundy, Ammon E (1975- ) nytimes.com

Feature: Fear of the Federal Government in the Ranchlands of Oregon

Two years after the standoff at the Malheur Refuge, many people in the region remain convinced that their way of life is being trampled.

worldNews reuters.com

Israeli commandos kill Palestinian gunman blamed for West Bank ambush

JENIN, West Bank (Reuters) - Israeli police killed a Palestinian gunman and captured another in a clash in the occupied West Bank on Thursday, saying they were part of a cell responsible for an ambush in which a Jewish settler was shot dead.

Web-Original Programming nytimes.com

Brooklyn’s Favorite Pot Dealer Returns

Ben Sinclair is nothing like the freewheeling dealer he portrays in “High Maintenance.” Except he smokes pot, drives an R.V. and parted ways with his wife (who co-created the show).

companyNews reuters.com

UPDATE 1-Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

* Toshiba to sell claims in Westinghouse to group led by Baupost

companyNews reuters.com

BRIEF-Farmers Capital Bank Reports Q4 Adjusted Net Income Of $0.59 Per Share

* FARMERS CAPITAL BANK CORPORATION ANNOUNCES FOURTH QUARTER EARNINGS

PersonalFinance reuters.com

Bank of America takes tax hit, vows longer-term boost

(Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit...

worldNews reuters.com

Palestinian gunman killed in Israeli raid in West Bank

RAMALLAH, West Bank (Reuters) - At least one Palestinian gunman was killed in a raid by Israeli armed forces on the town of Jenin in the occupied West Bank late on Wednesday, Palestinian health officials and local residents said.

companyNews reuters.com

BRIEF-Deutsche Boerse Says ‍Bank Markazi Filed Complaint Against Co's Unit Clearstream​

* ‍BANK MARKAZI FILED COMPLAINT AGAINST DEUTSCHE BÖRSE AG SUBSIDIARY CLEARSTREAM​

technologyNews reuters.com

U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

businessNews reuters.com

Fed fines Taiwan's Mega Bank $29 million for anti-money laundering failures

WASHINGTON (Reuters) - The U.S. Federal Reserve Board said on Wednesday it had fined Taiwan's Mega International Commercial Bank Co. $29 million for anti-money laundering violations and required the company to improve its anti-money laundering oversight and controls.

companyNews reuters.com

CANADA STOCKS-TSX ends up as banks lead rally after rate hike

TORONTO, Jan 17 (Reuters) - Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped.

companyNews reuters.com

BRIEF-Union Bankshares Reports Q4 EPS of $0.43

* UNION BANKSHARES ANNOUNCES FOURTH QUARTER ENDED DECEMBER 31, 2017 EARNINGS AND QUARTERLY DIVIDEND PAYMENT

companyNews reuters.com

UPDATE 4-Bank of America takes tax hit, vows longer-term boost

Jan 17 (Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.

companyNews reuters.com

Top Canadian banks raise prime rates after central bank rate hike

Jan 17 (Reuters) - Major Canadian banks on Wednesday raised their prime lending rates, a benchmark for a wide range of consumer and commercial loans, after the country's central bank raised interest rates for the third time in seven months.

companyNews reuters.com

BRIEF-BMO Bank Of Montreal Increases CDN$ Prime Lending Rate To 3.45 Per Cent

* BMO BANK OF MONTREAL INCREASES CDN$ PRIME LENDING RATE TO 3.45 PER CENT

Prosecutorial Misconduct nytimes.com

Prosecutors Had the Wrong Man. They Prosecuted Him Anyway.

The wrongfully convicted have tried, and failed, to hold the New Orleans district attorney’s office accountable for breaking evidence rules. Now a lawsuit is citing 45 examples.

businessNews reuters.com

'Just Hit Budget!' bankers at RBS restructuring unit told during crisis: memo

LONDON (Reuters) - Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget!", a memo released on Wednesday showed.

companyNews reuters.com

MOVES-Union Bank adds executives in San Francisco office

Jan 17 (Reuters) - MUFG Union Bank N.A., a unit of Mitsubishi UFJ Financial Group, appointed Ann Hamilton as a fiduciary management executive, and Peter Bogardus as a private wealth adviser.

companyNews reuters.com

UPDATE 1-Barclays to cut up to 100 senior jobs at its investment bank - source

LONDON, Jan 17 (Reuters) - Britain's Barclays is axing up to 100 jobs at its investment bank, a source familiar with the matter said on Wednesday, following another set of disappointing results from the division in the third quarter.

companyNews reuters.com

RPT-Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

* Bankers jostling for mandates for league table credit, prestige

businessNews reuters.com

Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

LONDON (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.

politicsNews reuters.com

U.S. banking official critiques Senate bill aimed at easing bank rules

WASHINGTON (Reuters) - A top official at a leading U.S. bank regulator is airing concerns about a Senate bill that would ease banking rules, saying parts of it could "significantly weaken" critical protections.

businessNews reuters.com

Tech, industrials lead Wall Street higher, banks drop

(Reuters) - Wall Street's main indexes rose on Wednesday, led by gains in technology and industrial stocks, but losses in Goldman Sachs and Bank of America dragged down bank shares.

companyNews reuters.com

US STOCKS-Tech, industrials lead Wall Street higher, banks drop

* Indexes up: Dow 0.44 pct, S&P 0.31 pct, Nasdaq 0.34 pct (Changes comment, updates prices, adds details)

businessNews reuters.com

Tech stocks lead Wall Street higher; banks drop

(Reuters) - Wall Street's main indexes were lifted by modest gains in technology stocks on Wednesday, led by Microsoft, IBM and Intel.

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

Goldman Sachs beats estimates as investment banking revenue soars

(Reuters) - Goldman Sachs Inc on Wednesday reported a quarterly profit that trumped analysts' estimates, as strength in its investment banking business helped cushion the blow from a slump in trading.

cnn.com

You can't get $1 from banks in Venezuela

businessNews reuters.com

Futures higher as investors weigh bank earnings

(Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

US STOCKS-Futures higher as investors weigh bank earnings

Jan 17 (Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

UPDATE 1-Slovenian banks reduce bad loans to 4.4 pct of total loans

LJUBLJANA, Jan 17 (Reuters) - Slovenian banks reduced loans on which repayment was delayed by 90 days or more to 1.5 billion euros ($1.83 billion) in November, representing 4.4 percent of all loans, down from 4.6 percent the previous month, the central bank said on Wednesday.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

companyNews reuters.com

BRIEF-SA's Competition Tribunal says Bank Forex Hearing Delayed

* BANK FOREX HEARING DELAYED AFTER COMMISSION NOTIFIED ITS INTENTION TO JOIN NEW APPLICANTS‍​

businessNews reuters.com

Japan central bank to keep policy on hold, offer upbeat inflation view

TOKYO (Reuters) - Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation.

domesticNews reuters.com

'Chelsea bomber' tried to radicalize fellow inmates, U.S. prosecutors say

NEW YORK (Reuters) - The New Jersey man found guilty last year of planting two homemade bombs in Manhattan's Chelsea neighborhood, one of which wounded 30 people, has tried to radicalize fellow inmates with Islamic State and al Qaeda propaganda, U.S. prosecutors said on Tuesday.

companyNews reuters.com

UPDATE 1-Brazil central bank calls for Caixa VPs to step down -source

BRASILIA, Jan 16 (Reuters) - The Brazilian central bank has called for all vice presidents of state lender Caixa Econômica Federal to step down following the investigation of alleged corruption at Caixa, a person with knowledge of the matter told Reuters on Tuesday.

worldNews reuters.com

World Bank urges Russia to spend more on healthcare, education

MOSCOW (Reuters) - Russia's new government after its March presidential election should invest more in education and healthcare to help spur economic growth, the World Bank's chief executive officer said on Tuesday.

politicsNews reuters.com

Ex-Trump adviser Bannon subpoenaed in special counsel Russia probe

WASHINGTON (Reuters) - Steve Bannon, a former top adviser to U.S. President Donald Trump, has been subpoenaed to testify before a grand jury as part of a special counsel's probe into alleged Russian meddling in the 2016 U.S. presidential election, the New York Times reported on Tuesday.

Tax Cuts and Jobs Act (2017) nytimes.com

Banks are Big Winners from Tax Cut

Financial firms are benefiting from the $1.5 trillion tax cut and make up the majority of companies so far handing out raises and bonuses as a result of the bill.

United States Politics and Government nytimes.com

Bannon Is Subpoenaed in Mueller’s Russia Investigation

The move marks the first time the special counsel is known to have used a grand jury subpoena to seek information from a member of President Trump’s inner circle.

technologyNews reuters.com

Qatar central bank to consider topic of virtual currencies: governor

DOHA (Reuters) - Qatar's central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

technologyNews reuters.com

Qatar central bank chief: will consider issue of virtual currencies

DOHA (Reuters) - Qatar's central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

businessNews reuters.com

Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles - sources

LONDON (Reuters) - Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money to the state oil giant in recent years, according to five finance sources.

worldNews reuters.com

Canadian suspect in Singapore bank robbery faces UK court on extradition

SINGAPORE/LONDON (Reuters) - A Canadian man suspected of a rare bank robbery in Singapore in 2016 faces a court appearance in Britain on Thursday after he was detained on a extradition request from Singapore.

companyNews reuters.com

UPDATE 1-HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

Banking and Financial Institutions nytimes.com

Democrats Add Momentum to G.O.P. Push to Loosen Banking Rules

The Senate is poised to approve significant changes to the post-crisis financial law. Some moderate Democrats are supporting the effort, even as their progressive colleagues warn that it’s too risky.

companyNews reuters.com

UPDATE 2-HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

* Bid topped 700 mln euros -source (Adds detail on consortium)

businessNews reuters.com

Lawsuit in U.S. accuses nine banks of rigging Canadian rate benchmark

NEW YORK/TORONTO (Reuters) - Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.

businessNews reuters.com

Bidder for the Weinstein Company says bankruptcy may be best option

(Reuters) - Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said on Monday that a bankruptcy may be the best way forward for the U.S. film and TV studio.

companyNews reuters.com

Brazilian digital bank Inter hires banks for IPO -source

SAO PAULO, Jan 15 (Reuters) - Brazilian digital bank Intermedium SA has hired banks for an initial public offering that should take place in the second quarter of the year, one source with knowledge of the matter said on Monday.

companyNews reuters.com

UPDATE 6-Britain's Carillion collapses after banks pull the plug

* Carillion won state contracts since July profit warning (Adds industry reaction, detail)

companyNews reuters.com

UPDATE 1-HSH Nordbank suitors J.C. Flowers and Cerberus to begin exclusive talks

* Bid topped 700 mln euros -source (Adds detail on bid, rivals)

businessNews reuters.com

Carillion collapse hits banks and investors, boosts short sellers

LONDON (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.

businessNews reuters.com

Britain's Carillion collapses after banks pull the plug

LONDON (Reuters) - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to road works.

companyNews reuters.com

UPDATE 5-Britain's Carillion collapses after banks pull the plug

* Carillion won state contracts since July profit warning (Adds background)

technologyNews reuters.com

Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.

companyNews reuters.com

J.C. Flowers, Cerberus enter exclusive talks over HSH Nordbank buy-sources

BERLIN/FRANKFURT, Jan 15 (Reuters) - The state owners of Germany's HSH Nordbank on Monday granted prospective buyers J.C. Flowers and Cerberus exclusivity as long-running attempts to privatise the ailing bank near conclusion, two people close to the matter said.

companyNews reuters.com

JP Morgan hires Papadopoulos to head Greece investment banking

LONDON, Jan 15 (IFR) - JP Morgan has hired the former head of Greece's debt management agency, Stelios Papadopoulos, to head its investment banking business in Greece, according to an internal memo seen by IFR.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

companyNews reuters.com

UPDATE 1-Auto1 says no need for IPO after Softbank invests

* Auto1 operates in 30 countries, with 35,000 dealers (Updates with interview with co-founder, background)

companyNews reuters.com

UPDATE 2-Britain's Carillion collapses as banks refuse to lend it any more money

* PM May's government under pressure over fate of Carillion (Adds details)

businessNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt: sources

SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

companyNews reuters.com

HNA's problems mount as airlines delay payments, bank sets up team to handle debt-sources

SHANGHAI/SINGAPORE, Jan 15 (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.

companyNews reuters.com

Nikkei rises but weaker dollar caps gains, SoftBank climbs

TOKYO, Jan 15 (Reuters) - Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains.

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

businessNews reuters.com

Singapore central bank head hopes cryptocurrency tech will survive 'crash'

SINGAPORE (Reuters) - The head of Singapore's central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money.

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

Chile nytimes.com

Chile Slams World Bank Amid Charges of Political Bias

Chile’s left-leaning government demands an investigation after a World Bank economist says the nation’s drop in a business survey was politically motivated.

businessNews reuters.com

China to step up banking oversight in 'arduous' fight on financial risks

BEIJING (Reuters) - China will step up oversight in the banking sector this year to reduce financial risks, the country's banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos.

businessNews reuters.com

Indonesia central bank warns over cryptocurrencies

JAKARTA (Reuters) - Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.

businessNews reuters.com

Deutsche Bank CEO sees far fewer than 4,000 Brexit-related moves: paper

DUESSELDORF (Reuters) - Deutsche Bank's chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain's departure from the European Union, he told Swiss daily Neue Zuercher Zeitung.

#MeToo Movement nytimes.com

For Brooklyn Rape Victim, a Long-Awaited Apology From Police

Physically attacked and vilified in print in 1994, the now 51-year-old victim calls the #MeToo movement an ongoing reality

companyNews reuters.com

BRIEF-Capital City Bank Group Provides Impact to Deferred Tax Asset in Q4 From Tax Act

* CAPITAL CITY BANK GROUP - OVERALL IMPACT OF TAX ACT TO REQUIRE CO TO WRITE DOWN NET DEFERRED TAX ASSET BY $4.0 MILLION, OR $0.24 PER SHARE IN Q4 2017 Source text for Eikon: Further company coverage:

companyNews reuters.com

HSH Nordbank may pick bidder for exclusive talks next week -sources

BERLIN, Jan 12 (Reuters) - The state owners of Germany's HSH Nordbank may decide to enter exclusive negotiations with one of the remaining bidders for the bank next week as the long-running privatisation process nears conclusion, two people close to the matter said.

businessNews reuters.com

Wall Street surges as consumer and bank stocks gain

(Reuters) - Wall Street's main indexes surged on Friday as strong results for JPMorgan lifted financial stocks and robust retail sales data drove gains in consumer stocks.

businessNews reuters.com

Federal Reserve fines five banks to wrap up mortgage servicing charges

WASHINGTON (Reuters) - The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011.

companyNews reuters.com

UPDATE 1-Federal Reserve fines five banks to wrap up mortgage servicing charges

WASHINGTON, Jan 12 (Reuters) - The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011.

businessNews reuters.com

Wall Street higher as consumer and bank stocks gain

(Reuters) - Wall Street's main indexes were higher on Friday as strong December retail sales data drove gains in consumer stocks and bank results pushed up the financial sector.

businessNews reuters.com

S&P, Dow open higher as bank shares rise

(Reuters) - The S&P and the Dow opened higher on Friday on gains in banking shares, while the Nasdaq was dragged 5 percent lower by losses in Facebook.

businessNews reuters.com

Futures rise as investors assess big bank earnings

(Reuters) - U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-quarter earnings reports from big U.S. lenders.

companyNews reuters.com

US STOCKS- Futures rise as investors assess big bank earnings

Jan 12 (Reuters) - U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-quarter earnings reports from big U.S. lenders.

companyNews reuters.com

UPDATE 1-Halkbank not Turkey will pay any U.S. fine, deputy PM says

ISTANBUL, Jan 12 (Reuters) - Any fine levied against Halkbank by the United States will be paid by the bank itself and not the Turkish government, the country's Deputy Prime Minister Mehmet Simsek was quoted as saying on Friday.

technologyNews reuters.com

SS&C boosts banking software heft with $5.4 billion DST deal

(Reuters) - SS&C Technologies Holdings Inc said on Thursday it would buy DST Systems Inc in a $5.4 billion deal, expanding its financial technology software prowess through its largest deal to date.

technologyNews reuters.com

Mexican authorities probe hack of export bank: official

MEXICO CITY (Reuters) - Mexico's attorney general's office is investigating an attempt to hack and rob Bancomext, the government-run export bank, an official said on Thursday.

domesticNews reuters.com

Texas failed to educate, monitor disabled students: federal report

AUSTIN, Texas (Reuters) - Texas violated federal law by failing to identify and educate students with disabilities and deliberately working to decrease the number of students enrolled in special education programs, the U.S. Department of Education said in a report on Thursday.

companyNews reuters.com

UPDATE 1-British PM May tells bankers they are a priority for Brexit amid job warnings

* London mayor says could face 'lost decade', 500,000 job losses (Recasts, adds details of meeting)

Special Education nytimes.com

Texas Illegally Excluded Thousands From Special Education, Federal Officials Say

A state “target” meant to limit the number of students receiving special education services violated federal law, regulators said in a letter ordering the state to make amends.

companyNews reuters.com

Bankers demand more Brexit clarity at meeting with UK PM May

LONDON, Jan 11 (Reuters) - Bankers told Prime Minister Theresa May they needed more clarity on the future regulatory relationship between Britain and the European Union even though they were reassured by last month's preliminary Brexit divorce settlement, May's spokesman said.

companyNews reuters.com

UPDATE 1-Breitburn shareholders launch last-ditch bankruptcy showdown

Jan 11 (Reuters) - Shareholders of Breitburn Energy Partners LP launched a last-ditch legal effort on Thursday to prevent the bankrupt oil producer from wiping out their investment and sticking them with a huge tax bill at a time of surging crude prices.

worldNews reuters.com

Two Palestinians killed in clashes with Israeli troops in Gaza, West Bank

GAZA (Reuters) - Two Palestinian youths were shot dead by Israeli troops during clashes on Thursday in the Gaza Strip and the Israeli-occupied West Bank, Palestinian medical sources and witnesses said.

environmentNews reuters.com

German prosecutors probe Bosch over Audi emissions

MUNICH (Reuters) - German prosecutors said on Thursday they had launched another probe into Robert Bosch GmbH over its suspected involvement in emissions test cheating - this time in relation to its work with Volkswagen's premium carmaker Audi.

healthNews reuters.com

Endo subpoenaed for information on opioid painkillers

(Reuters) - Endo International Plc said on Thursday it was subpoenaed for documents related to its drugs that contain the opioid painkiller, oxymorphone, but added that no proceedings had been started.

companyNews reuters.com

BRIEF-United Community Banks Announces Upsizing And Pricing Of Subordinated Notes Offering

* UNITED COMMUNITY BANKS, INC. ANNOUNCES UPSIZING AND PRICING OF SUBORDINATED NOTES OFFERING

companyNews reuters.com

RPT-European banks braced for "slow burn" payments revolution

LONDON, Jan 10 (Reuters) - New European rules on online payments and banking due to go into effect on Saturday mark the start of a "slow burn" revolution that will prise open traditional retail banking and may force lenders to rethink their business models, regulators say.

Banking and Financial Institutions nytimes.com

Investors Spooked at Specter of Central Banks Halting Bond-Buying Spree

The most immediate fear: A sharp falloff in bond prices would rattle equity markets that are now trading at record highs.

companyNews reuters.com

Nikkei edges lower as strong yen bites; banks higher

TOKYO, Jan 11 (Reuters) - Japan's Nikkei share average edged lower on Thursday morning, hit by declines in automakers and electronic component makers as the strong yen soured investor appetite.

businessNews reuters.com

Exclusive: Justice Department blindsided banking agency on pot policy flip - sources

WASHINGTON (Reuters) - When the U.S. Justice Department said last week it was reversing policy on the $7 billion marijuana business, it failed to first notify federal officials who advise banks in states where the drug is legal, sources in Congress said.

politicsNews reuters.com

Exclusive: U.S. Justice Department blindsided banking agency on pot policy flip - sources

WASHINGTON (Reuters) - When the U.S. Justice Department said last week it was reversing policy on the $7 billion marijuana business, it failed to first notify federal officials who advise banks in states where the drug is legal, sources in Congress said.

companyNews reuters.com

BRIEF-Capgen Capital Group Reports A 7.3 Pct Stake In Union Bankshares

* CAPGEN CAPITAL GROUP VI LP REPORTS A 7.3 PCT STAKE IN UNION BANKSHARES CORP AS OF JAN 1 - SEC FILING

companyNews reuters.com

BRIEF-People’s Utah Bancorp Announces Financial Impact Of Amendment To Federal Tax Code

* PEOPLE'S UTAH BANCORP - ‍IMPACT OF TAX ACT​ TO EARNINGS PER SHARE ESTIMATE IS A REDUCTION OF $0.25 TO $0.27 PER SHARE FOR QUARTER ENDED DEC 31, 2017 Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-National Bank Of Canada Announces Specific Share Repurchase Program As Part Of Its Normal Course Issuer Bid

* NATIONAL BANK OF CANADA - ENTERED AGREEMENT WITH THIRD PARTY TO REPURCHASE COMMON SHARES THROUGH DAILY PURCHASES​

companyNews reuters.com

BRIEF-First Commonwealth To Enter The Cincinnati Market Through The Acquisition Of Foundation Bank

* FIRST COMMONWEALTH FINANCIAL CORP - DEAL FOR ‍CASH AND STOCK TRANSACTION VALUED AT APPROXIMATELY $58 MILLION​

companyNews reuters.com

BRIEF-Softbank Group Reports Purchase Of 5.3 Million Shares Of Sprint Corp's Common Stock Between Jan 8-9

* SOFTBANK GROUP CORP REPORTS OPEN MARKET PURCHASE OF 5,348,176 SHARES OF SPRINT CORP'S COMMON STOCK BETWEEN JAN 8 AND JAN 9 - SEC FILING Source text: (http://bit.ly/2FoJNyc)

companyNews reuters.com

European banks braced for "slow burn" payments revolution

LONDON, Jan 10 (Reuters) - New European rules on online payments and banking due to go into effect on Saturday mark the start of a "slow burn" revolution that will prise open traditional retail banking and may force lenders to rethink their business models, regulators say.

companyNews reuters.com

UPDATE 1-Franklin Templeton's Zahn halves Italy exposure pre-vote, says watching Bank of Japan

* David Zahn reduces holdings of Italian bonds before election

sportsNews reuters.com

Corruption prosecutors investigate FIFA dealings with Austria

VIENNA (Reuters) - Austrian corruption prosecutors are investigating transactions between FIFA, the world soccer governing body, and its Austrian counterpart OFB, a spokeswoman for the prosecutors said on Wednesday.

companyNews reuters.com

Israel's El Al to get $135 mln in loans from foreign banks

* El Al Israel Airlines said on Wednesday it signed a memorandum of understanding for loans of $135 million from foreign banks to finance the purchase of a 787-900 jet from Boeing.

businessNews reuters.com

Exclusive: Saudi Aramco working to raise cheap loans before IPO - banking sources

DUBAI (Reuters) - Saudi Aramco is working to secure billions of dollars in cheap loans from banks seeking to strengthen their ties with the oil giant before its stock listing, banking and export credit agency (ECA) sources said.

Global Warming nytimes.com

How Much Has ‘Climate Change’ Been Scrubbed From Federal Websites? A Lot.

A new study found that the Trump administration has systematically removed, altered or played down references to climate change on federal websites.

companyNews reuters.com

MOVES-Citi picks investment banking co-heads for Nordics

LONDON, Jan 10 (IFR) - Citigroup has named Lars Ingemarsson and Ari Makela as co-heads of investment banking for the Nordic region.

cnn.com

A federal judge in California temporarily blocked the Trump administration's efforts to end DACA

A federal judge in California late Tuesday temporarily blocked the Trump administration's efforts to end the Deferred Action for Childhood Arrivals program.

environmentNews reuters.com

Records show HK trader fined for illegal ivory sits on govt's endangered species board

HONG KONG (Reuters) - A Hong Kong ivory trader fined this week for illegal ivory possession sits on a government advisory group for protecting endangered species, records showed on Wednesday, potentially an embarrassing blow as Hong Kong fights ivory smuggling.

companyNews reuters.com

UPDATE 2-Canada to introduce new stricter bank capital rules

* Transition to new rules to finish in Q4, 2018 (Adds comment from Scotiabank CEO, investor, shares)

businessNews reuters.com

Wall Street climbs with boost from healthcare, banks

(Reuters) - Wall Street's major indexes extended the New Year rally to close at record levels on Tuesday on investor optimism ahead of quarterly earnings reports and hopes for easing tensions with North Korea.

worldNews reuters.com

Israeli dead in suspected West Bank Palestinian shooting attack

JERUSALEM (Reuters) - A suspected Palestinian gunman killed an Israeli motorist in a shooting in the occupied West Bank on Tuesday, Israeli military and medical officials said.

businessNews reuters.com

Wall Street higher as healthcare, bank stocks gain

(Reuters) - Wall Street's major indexes on Tuesday extended the New Year rally on investor optimism ahead of quarterly earnings reports.

companyNews reuters.com

UPDATE 1-Canada to introduce new stricter bank capital rules

TORONTO, Jan 9 (Reuters) - Canada's banking regulator said on Tuesday it would introduce new capital rules stricter than those proposed by global regulators to ensure banks can withstand financial shocks.

companyNews reuters.com

US STOCKS-Wall St higher as healthcare, bank stocks gain

* Indexes up: Dow 0.49 pct, S&P 0.29 pct, Nasdaq 0.24 pct (Updates to late afternoon; adds commentary, changes byline)

worldNews reuters.com

Israel to approve hundreds of new settler homes in West Bank

JERUSALEM (Reuters) - Israel will approve construction of hundreds of new settlement homes in the occupied West Bank, Israeli Defence Minister Avigdor Lieberman said on Tuesday.

businessNews reuters.com

Wall Street inches higher as healthcare, bank stocks gain

(Reuters) - Wall Street's major indexes inched higher on Tuesday as financial, healthcare and industrial stocks extended the new year rally powered by expectations of strong quarterly earnings.

companyNews reuters.com

US STOCKS-Wall St inches higher as healthcare, bank stocks gain

* Microsoft halts some AMD chip Meltdown patches after PCs freeze

Frauds and Swindling nytimes.com

Brooklyn Assemblywoman Indicted on Fraud Charges

Pamela Harris was accused of defrauding government agencies, including one scheme where she was said to falsely claim Hurricane Sandy relief.

businessNews reuters.com

Wall Street edges higher as healthcare, bank stocks gain

(Reuters) - Wall Street's main indexes edged higher on Tuesday as healthcare and bank stocks gained in the run up to the quarterly earnings season that is set to start later this week.

businessNews reuters.com

Wall Street hits new record at open on healthcare, bank gains

(Reuters) - Wall Street rose to fresh high at open on Tuesday, with gains for healthcare and bank stocks extending the new year rally that is powered by expectations of strong quarterly earnings.

companyNews reuters.com

TD Bank buys AI company Layer 6 Inc

Jan 9 (Reuters) - Toronto-Dominion Bank, Canada's No. 2 bank, on Tuesday said it bought Layer 6 Inc, an artificial intelligence (AI) company for an undisclosed sum.

companyNews reuters.com

BRIEF-Relm Wireless, On Jan 8, 2018, Co, Unit, Silicon Valley Bank, As Lender, Amended Loan, Security Agreement Dated As Of Oct 23, 2008

* RELM WIRELESS CORP - ON JAN 8, 2018, CO, UNIT AND SILICON VALLEY BANK, AS LENDER, AMENDED THEIR LOAN AND SECURITY AGREEMENT DATED AS OF OCT 23, 2008

companyNews reuters.com

MOVES-Jefferies hires two senior RBC utilities bankers

LONDON, Jan 9 (Reuters) - Jefferies has hired Dai Clement and Lorna Shearin from Royal Bank of Canada to develop its investment banking business in power, utilities and infrastructure, two banking sources said on Tuesday.

Babies and Infants nytimes.com

From Brooklyn to India, in Search of the Secret to Parenthood

“She’s fine,” the doctor said. “You’re doing a good job, don’t worry too much.” I could not worry too much? That was an option?

worldNews reuters.com

U.S. case against banker is 'political coup attempt': Turkey's Erdogan

ANKARA (Reuters) - Turkey's Tayyip Erdogan on Tuesday condemned a U.S. sanctions-busting case against a Turkish bank executive as a "political coup attempt" and a joint effort by the CIA and FBI to undermine Ankara.

worldNews reuters.com

Mexico governor says federal funding withheld in graft probe dispute

MEXICO CITY (Reuters) - A Mexican state governor on Monday accused the finance ministry of withholding federal funds to punish his administration for launching an investigation into alleged corruption that has embarrassed the ruling Institutional Revolutionary Party (PRI).

companyNews reuters.com

BRIEF-Home Bancshares Says Fall In Federal Corporate Tax Rate To Negatively Impact Co's Q4 Results

* Q4 EARNINGS PER SHARE VIEW $0.34 -- THOMSON REUTERS I/B/E/S

companyNews reuters.com

BRIEF-United Community Banks And NLFC Holdings Corp Announce Merger Agreement

* UNITED COMMUNITY BANKS INC AND NLFC HOLDINGS CORP, THE PARENT OF NAVITAS CREDIT CORP, ANNOUNCE MERGER AGREEMENT

companyNews reuters.com

BRIEF-VSE Amends Bank Loan To Extend Maturity Date And Increase Available Funds

* VSE AMENDS BANK LOAN TO EXTEND MATURITY DATE AND INCREASE AVAILABLE FUNDS

companyNews reuters.com

BRIEF-Laurentian Bank Of Canada Announces C$125 Mln Bought Deal Financing

* LAURENTIAN BANK OF CANADA - ‍UNDERWRITERS HAVE AGREED TO BUY ON A BOUGHT DEAL BASIS AN AGGREGATE OF 2.3 MILLION COMMON SHARES, AT PRICE OF $54.80 PER SHARE​

businessNews reuters.com

Wall St. rally eases up as healthcare, banks weigh

NEW YORK (Reuters) - The S&P 500 barely rose on Monday while the healthcare and financial sectors weighed and investors took a breather ahead of earnings season and after the strong rally that marked the start of 2018.

politicsNews reuters.com

Billionaire behind Trump impeachment ads to bankroll Democrats for House

WASHINGTON (Reuters) - Billionaire environmental activist Tom Steyer, who has spent millions on national ads calling for the impeachment of President Donald Trump, will spend $30 million this year trying to help Democrats win control of the U.S. House of Representatives, he announced on Monday.

Prisons and Prisoners nytimes.com

Trial Begins in Brooklyn of Jail Guard Accused of Raping Female Inmate

The case of Carlos Richard Martinez is expected to shed light on longstanding concerns about the treatment of women at the Metropolitan Detention Center.

domesticNews reuters.com

Massachusetts federal prosecutor will not rule out busting pot businesses

BOSTON (Reuters) - Massachusetts' top federal prosecutor will not rule out prosecuting businesses dealing in marijuana, he said on Monday, less than a week after the Trump administration rescinded an Obama-era policy easing enforcement in states that legalized the drug.

companyNews reuters.com

BRIEF-Swissquote Bank SA Reports 12 pct Passive Stake In Cytori Therapeutics As Of Dec. 29, 2017

* SWISSQUOTE BANK SA REPORTS 12 PERCENT PASSIVE STAKE IN CYTORI THERAPEUTICS INC AS OF DECEMBER 29, 2017 - SEC FILING‍​ Source text - (http://bit.ly/2CUutMr) Further company coverage:

businessNews reuters.com

Wall St. slightly higher, but healthcare, bank stocks weigh

(Reuters) - U.S. equities edged higher on Monday as investors took stock after the strong rally that marked the start of 2018, but healthcare and bank shares weighed on Wall Street's three major indexes.

companyNews reuters.com

US STOCKS-Wall St slightly higher, but healthcare, bank stocks weigh

* Defensive sectors show S&P's biggest gains after weekly decline

businessNews reuters.com

Wall St. struggles to gain further as healthcare, bank stocks weigh

(Reuters) - The S&P 500 and the Dow struggled to edge higher on Monday, stalling the strong rally that marked the start of 2018, pressured by losses in healthcare and bank stocks.

businessNews reuters.com

S&P, Dow lower as healthcare, bank stocks drag

(Reuters) - The S&P 500 and the Dow were trading slightly lower on Monday, as losses in healthcare and financial stocks stalled Wall Street's strongest start to a year in a decade.

companyNews reuters.com

US STOCKS-S&P, Dow lower as healthcare, bank stocks drag

* Nasdaq biotech index on track for its worst day since Oct. 26

businessNews reuters.com

Wall Street new year rally pauses as healthcare, bank stocks weigh

(Reuters) - The benchmark S&P 500 opened lower for the first time in 2018 on Monday, as losses in healthcare and financial stocks cut short Wall Street's strongest start to a year in a decade.

businessNews reuters.com

Wall Street opens flat as tech, bank stocks weigh

(Reuters) - U.S. stock indexes opened little changed on Monday, with losses for banking and technology stocks helping put a halt to Wall Street's strongest start to a year in over a decade.

companyNews reuters.com

US STOCKS SNAPSHOT-Wall St opens flat as tech, bank stocks weigh

Jan 8 (Reuters) - U.S. stock indexes opened little changed on Monday, with losses for banking and technology stocks helping put a halt to Wall Street's strongest start to a year in over a decade.

companyNews reuters.com

Canada's TD Bank to take $400 mln hit from tax reforms in Q1

Jan 8 (Reuters) - Canada's Toronto-Dominion Bank said on Monday it would take a hit of $400 million in the first quarter related to the remeasurement of certain net deferred tax assets as a result of U.S. President Donald Trump's tax reforms.

businessNews reuters.com

Exclusive: Bankers invited to Saudi Arabia to pitch for Aramco listing roles

LONDON/DUBAI (Reuters) - Saudi Aramco has invited banks pitching for roles in its stock market listing, including Citi and Goldman Sachs, for meetings in the kingdom in the coming weeks to make their case, according to three banking sources familiar with the matter.

companyNews reuters.com

BRIEF-Malbex Resources To Undertake Change Of Business To Merchant Banking With Focus On Cryptocurrency, Blockchain Sectors

* MALBEX RESOURCES TO UNDERTAKE CHANGE OF BUSINESS TO MERCHANT BANKING WITH A FOCUS ON CRYPTOCURRENCY AND BLOCKCHAIN SECTORS

technologyNews reuters.com

Bitcoin is an asset, not a currency: Israel's central bank

JERUSALEM (Reuters) - Israel's central bank said on Monday it would not recognize virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country's banks and their clients.

businessNews reuters.com

U.S. bank gains from tax law start with red ink

NEW YORK (Reuters) - U.S. bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results.

companyNews reuters.com

Cerberus sees room in Germany for Deutsche Bank and Commerzbank-Handelsblatt

FRANKFURT, Jan 8 (Reuters) - Cerberus Chief Executive Stephen Feinberg has told the German government that he is not interested in a merger of Deutsche Bank and smaller rival Commerzbank, German newspaper Handelsblatt reported on Monday, citing several people familiar with the matter.

technologyNews reuters.com

South Korea inspects six banks over virtual currency services to clients

SEOUL (Reuters) - South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid concerns the increasing use of such assets could lead to a surge in crime.

companyNews reuters.com

UPDATE 2-S.Korea inspects 6 banks over virtual currency services to clients

* S.Korea bigger hacking target due to price gap (Adds comment from bank responses, analyst on price gap, background)

companyNews reuters.com

UPDATE 1-S.Korea inspects 6 banks over clients' virtual currency accounts

* Regulators looking to cryptocurrency trade risks (Adds more comments, background)

technologyNews reuters.com

South Korea inspects six banks over clients' virtual currency accounts

SEOUL (Reuters) - South Korea's financial regulator said on Monday it is jointly carrying out inspections on six local banks that offer virtual currency accounts to institutions.

companyNews reuters.com

Three investors place bids for Germany's HSH Nordbank - source

BERLIN, Jan 7 (Reuters) - Three private-equity investors have submitted bids for German state-backed HSH Nordbank , a person familiar with the matter said, as the EU-enforced privatisation of the lender is nearing the finishing line.

Health Insurance and Managed Care nytimes.com

Opinion: Diabetes Shouldn’t Bankrupt You

Congress long ago allowed people with end-stage kidney failure to receive Medicare. Why not do the same for people with other chronic illnesses?

businessNews reuters.com

UK's Carillion speeding up rescue talks with banks: Sky News

(Reuters) - British building and services company Carillion is due to hold emergency meetings with its bankers in the coming days as it speeds up its search for a financial rescue plan, Sky News reported on Saturday.