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ECB signals rates lift-off, eyes bigger move in September

ECB signals rates lift-off, eyes bigger move in September

Promises 25 bps July rate hike Says will hike again in Sept and bigger move possible Inflation rising, broadening Lagarde press conference at 1230 GMT FRANKFURT/AMSTERDAM, June 9 (Reuters) – The European Central Bank ended a long-running stimulus scheme on Thursday and said it would deliver next month its first interest rate hike since 2011, …

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Credit Suisse shares spike on reported State Street takeover interest

Credit Suisse shares spike on reported State Street takeover interest

MILAN, June 8 (Reuters) – Shares in Credit Suisse (CSGN.S) turned sharply higher on Wednesday afternoon, with traders citing an Inside Paradeplatz report that US-based State Street (STT.N) is planning a takeover bid for the troubled lender, though some in the industry doubt the claim. Credit Suisse shares ended up 3.8% in Zurich after jumping …

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Wall St jumps with tech, energy;  Target news weighs on retailers

Wall St jumps with tech, energy; Target news weighs on retailers

Target’s margin cut hits some retail stocks Kohl’s climbs on sale talks with Franchise Group Indexes: Dow up 0.8%, S&P 500 up 1%, Nasdaq up 0.9% NEW YORK, June 7 (Reuters) – US stocks rallied late on Tuesday to end higher for a second straight day as technology and energy shares gained, while Target Corp’s …

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EXCLUSIVE Credit Suisse weighs options to strengthen capital - sources

EXCLUSIVE Credit Suisse weighs options to strengthen capital – sources

The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, May 30 (Reuters) – Credit Suisse (CSGN.S) is in the early stages of weighing options to bolster its capital after …

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