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Central Pacific Bank has become the fourth local financial institution to announce it will give holiday bonuses to employees and increase its minimum wage. The state’s fourth-largest bank, which has about 850 employees, said late.

Reserve Bank of India governor Raghuram Rajan said global financial institutions like the International Monetary Fund need to do a better job at mediating between the policies pursued by the world’s major central banks. Gov. Rajan said the.

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The Central Bank plans to create a new sanctions regime for anti-money laundering deficiencies, as it bids to move the Bahamas from a ‘high risk’ to "at least medium risk" jurisdiction. John Rolle, the regulator’s governor, responding to the.

LONDON (Reuters) – Bank of England Governor Mark Carney sees "fundamental problems" with the idea of a digital currency issued by a central bank that could be used by the general public. The emergence of bitcoin and other.

Zhou Xiaochuan, the governor of China’s central bank — the People’s Bank of China (PBOC) — has sounded yet another alarm about China’s economy. Zhou, 69, who is expected to retire soon, has issued a series of straightforward.

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The European Central Bank (ECB) has toughened its stance with Greece by restricting financing to the country’s banks, sending shares falling. In a statement, the central bank said it would no longer accept Greek government bonds as.

First National Bank of St. Louis is changing its name to Central Bank of St. Louis as part of a larger rebranding by its parent company, Central Bancompany. The name change is effective Nov. 14. Many banks have rebranded following.

BEIRUT: The Lebanese central bank has the foreign-currency reserves it needs to keep the pound stable against the US dollar at its pegged rate for the foreseeable future, the central bank governor said on Tuesday. Riad Salameh said in.

Since late 2007, the Federal Reserve has embarked on grand-scale collusion with other G-7 central banks to manufacture a massive amount of money. The scope and degree of this collusion are historically unprecedented and by admission of.

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Devaluation of pound meets IMF demand in exchange for $13bn loan over three years to overhaul country’s ailing economy. 03 Nov 2016 10:30 GMT Egypt has devalued its currency by 48 percent, meeting an important demand set by the.

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GENESEO — Central Bank Illinois officials have announced it is acquiring the First National Bank & Trust Company of Rochelle, subject to regulatory approval. The Rochelle firm has about $278 million in assets with locations in Rochelle,

Since the financial crisis of 2008, central banks around the world have printed money and purchased assets as an aggressive way to stimulate the economy. But none more so than the Swiss National Bank (SNB). The SNB has $836.

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The UAE’s Federal National Council (FNC) has approved a draft bill to regulate finance leasing through the Central Bank, in a bid to improve the credibility of contracts offering terms that allow access to funds for large capital expenditure.

Coverage of Libya tends to focus these days on airstrikes, gun battles, and warring militias — correctly enough, since these are also the things that tend to loom large in the lives of Libyans. Yet even amid the current chaos it’s important.

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MOSCOW (Reuters) – Russia’s Otkritie bank has a hole in its balance sheet that could be as large as $6.9 billion, a central bank deputy governor told Reuters, a shortfall that would make the bailout now underway the biggest in.

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FRANKFURT, Germany (AP) – Top officials at the European Central Bank may revise their outlook for their massive monetary stimulus program early this year, according to an account of their last meeting. The report published.

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