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Deutsche Bank internally probes dubious trades: WSJ

The emblem of Deutsche Bank is pictured during the bank’s annual general meeting in Frankfurt, Germany, May 19, 2016. REUTERS/Kai PfaffenbachMore FRANKFURT (Reuters) – Deutsche Bank AG <DBKGn.DE> is investigating a series of trades that may have improperly generated millions of dollars … Continue reading

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S&P downgrades Alberta, cites fiscal uncertainty, debt

By Eric M. Johnson CALGARY, Alberta (Reuters) – S&P lowered its debt rating for Alberta To ‘AA’ From ‘AA+’ on Thursday, becoming the latest ratings agency to downgrade the Canadian province as it struggles with the impact of tumbling oil … Continue reading

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Dudley joins chorus of Fed officials seeing rate hikes soon

A man walks past the Federal Reserve in Washington, December 16, 2015. REUTERS/Kevin Lamarque/File PhotoMore By Lindsay Dunsmuir and Richard Leong NEW YORK (Reuters) – The U.S. economy could be strong enough to warrant an interest rate increase in June … Continue reading

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Europe close: Big oil, commodities retreat, banks rise

LONDON (ShareCast) – (ShareCast News) – European stocks took a page out of Wall Street’s book on Thursday, tracking losses Stateside following the release of more hawkish-than expected minutes of the US central bank’s last rate-setting meeting late in the … Continue reading

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Fed Hike Threat Has Wall Street Braced for the Worst

A long lull in the stock market looks set to end. It’s been nearly a year since the S&P 500 hit its all-time high. The Dow Jones Industrial Average has been flirting with the 18,000 level since before Christmas 2014. … Continue reading

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Global stocks fall on unrest over US rate hike

Europe’s main bourses were led lower by Wall Street, which fell after opening despite solid earnings from Wal-Mart Stores (AFP Photo/Daniel Roland)More World stock markets fell on Thursday, weighed down by the mining and travel sectors, as traders digested signs … Continue reading

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Fed’s Dudley says rate hike might be needed in June or July

New York Fed President William Dudley takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. REUTERS/Lucas Jackson/FilesMore By Lindsay Dunsmuir and Richard Leong NEW YORK (Reuters) – The … Continue reading

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Wall Street opens lower as Fed rate hike looms, oil falls

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 16, 2016. REUTERS/Brendan McDermidMore By Yashaswini Swamynathan and Tanya Agrawal (Reuters) – Wall Street opened lower on Thursday after the U.S. Federal … Continue reading

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Investec increases earnings as banking and wealth managenment shine

LONDON (ShareCast) – (ShareCast News) – Full year results from Investec (LSE: INVP.L – news) showed the Anglo-South African bank increased profits as it makes progress with its rejigged model despite the turbulence in its markets. Investec produced a statutory … Continue reading

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Wall Street opens lower as rate hike looms

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 16, 2016. REUTERS/Brendan McDermidMore (Reuters) – U.S. stocks were lower at the open on Thursday as oil prices fell and investors remained … Continue reading

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