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Industry News

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BoE's Woods says no let up in bank regulation due to Brexit

Banks in the European Union will get more time to adjust to new rules aimed at making sure that lenders hold enough capital against risky assets on their trading books, an EU document showed on Wednesday

MIDEAST STOCKS-Gulf markets weighed by low oil prices, weak earnings

CenterOak Partners adds three to team

Hungary’s central bank kept its benchmark interest rate at a record low for a fifth month before it embarks on a policy to squeeze out commercial-bank deposits to cut borrowing costs

DBS, Julius Baer weighing bids for ABN AMRO Asia private banking business

UPDATE 2-India's Axis Bank net profit slumps as bad loans rise

Julius Baer Group Ltd., DBS Group Holdings Ltd. and LGT Bank are considering bids for ABN Amro Group NV’s private-banking business in Asia

EFG-Hermes Holding SAE, the largest independent Arab investment bank, plans to open a New York office to serve institutional clients in the U.S. as links end with Auerbach Grayson & Co. in the country

Kuwait's Gulf Bank seeking regulatory approval for CEO appointment

Monte dei Paschi to offer debt conversion to all bondholders

MIDEAST STOCKS-Gulf banks could attract interest after results, Egypt may wobble

BRIEF-Lazard acquires remaining stake in MBA Lazard

MIDEAST STOCKS-Buoyant investor sentiment lifts Saudi, Egypt cools

UK banks get ready to report third quarter results, forecasts of non-core dragging on profits at Barclays and pension problems predicted at Lloyds

Katherine Braddick appointed new DG for financial services in UK, replacing Charles Roxburg

Citi denies involvement in illegal money transfer on behalf of MTN

Bank of England's Carney faces up to pressure from prices and politics

Bond Trading Rebound Won't Save European Banks' Year; Investment banks should enjoy a recovery like U.S. peers, but last year's washout isn't hard to beat

Stocks Gain Ahead of Economic Data, Earnings; A surge in M&A activity helps spur optimism

Stocks Rise With Bonds as Europe Lifts Market With Triple Boost

UK banks fear public, politicians set against them on Brexit

Banks could start leaving London before Christmas

Banks in the UAE are facing a more difficult operating environment as the more-than-two-year collapse in oil prices feeds through into higher levels of soured loans and compressed net interest margins