(Repeats earlier story with no change in text) * Rubber stocks at Qingdao port fall more than 9 pct from May peak-sources * Drop partly linked to financing drying up after port fraud probe * Benchmark Tokyo futures down more than a fifth this year By Lewa Pardomuan S
Read more(Adds comments from banks, background on stress tests) By Douwe Miedema WASHINGTON, June 24 (Reuters) - The U.S. Federal Reserve on Tuesday gave four banks more time to resubmit capital distribution plans it had earlier objected to, saying this would give the firms more time to addres
Read moreWASHINGTON, June 24 (Reuters) - The U.S. Federal Reserve on Tuesday gave four banks more time to resubmit capital distribution plans it had earlier objected to, saying this would give the firms more time to address capital planning weaknesses. The four banks, which had asked for the extensi
Read more* Competition should trump regulation, lawmaker says * Will consider recommendations on capital, payments (Adds further comments from UK Economic Secretary) By Matt Scuffham LONDON, June 24 (Reuters) - Britain's financial regulator is talking to 25 potential new banks as part
Read moreLONDON, June 24 (Reuters) - Britain's financial regulator is talking to 25 potential new banks as part of moves to increase competition within the sector, the country's economic secretary said on Tuesday. Lawmakers and regulators are keen to see challengers appear to break the dominance of
Read moreHSBC's Swiss private banking arm has agreed to sell a portfolio of its assets in the country, as part of the group's strategy to streamline its business in Europe and North America. The group stressed that it remained "fully committed" to Switzerland as a key centre for its Global Private Banking b
Read more(Adds details) By Steve Slater LONDON, June 24 (Reuters) - HSBC is halving the number of countries its private bank serves after selling a portfolio of Swiss banking assets, the latest bank to narrow its wealth management focus in a bid to improve profitability and cut compliance risk
Read more* Rubber stocks at Qingdao port fall more than 9 pct from May peak-sources * Drop partly linked to financing drying up after port fraud probe * Benchmark Tokyo futures down more than a fifth this year By Lewa Pardomuan SINGAPORE, June 24 (Reuters) - Rubber stocks in bonded
Read moreLONDON/ZURICH, June 24 (Reuters) - HSBC Holdings said it is selling $12.5 billion of private banking assets in Switzerland to Liechtenstein's biggest bank LGT Group Foundation . HSBC said the deal is subject to regulatory and other approvals and is expected to complete in the last quarter
Read more(Adds lawyer's comments, other cases) By Lawrence Hurley and Jonathan Stempel WASHINGTON, June 23 (Reuters) - The U.S. Supreme Court on Monday made it harder for investors to band together to pursue securities fraud lawsuits against publicly traded companies, but stopped short of issu
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