Banking and credit

FILE - In this July 28, 2017 file photo, is One Canada Square house, center, that hosts the offices of the European Banking Authority EBA, headquarters in London. Brexit is still well over year away but two cities on Monday, Nov. 20, 2017 will already be celebrating Britain's departure from the European Union. Two major EU agencies currently in London will be given a new home to move to and the two prizes are hotly fought over by most of the other 27 nations. (AP Photo/Frank Augstein, File)
November 20, 2017 - 4:33 pm
BRUSSELS (AP) — The European Union went back to its roots Monday by picking cities from two of its founding nations — France and the Netherlands — to host key agencies that will have move once Britain leaves the bloc in 2019. During voting so tight they were both decided by a lucky draw, EU members...
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FILE - In this July 28, 2017 file photo, is One Canada Square house, center, that hosts the offices of the European Banking Authority EBA, headquarters in London. Brexit is still well over year away but two cities on Monday, Nov. 20, 2017 will already be celebrating Britain's departure from the European Union. Two major EU agencies currently in London will be given a new home to move to and the two prizes are hotly fought over by most of the other 27 nations. (AP Photo/Frank Augstein, File)
November 19, 2017 - 5:30 am
BRUSSELS (AP) — Brexit is still well over year away but two European cities on Monday will already be celebrating Britain's departure from the European Union. Two major EU agencies now in London — the European Medicines Agency and the European Banking Authority — must move to a new EU city because...
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November 14, 2017 - 2:13 pm
PARIS (AP) — French financial prosecutors say the Swiss-based HSBC Private Bank has agreed to pay 300 million euros ($352 million) to France to close a tax fraud case, a first in the country. In a written statement, prosecutors said a Paris court on Tuesday approved the agreement under a 2016 anti-...
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November 14, 2017 - 5:27 am
LONDON (AP) — Inflation in Britain held steady at a five-year high of 3 percent in the year to October, just below the level that would have forced the governor of the Bank of England to write to the government explaining why prices are rising by more than a percentage point above target. Tuesday's...
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November 05, 2017 - 3:25 pm
WASHINGTON (AP) — CNBC is reporting that New York Federal Reserve Bank President William Dudley plans to retire. Sources told CNBC that Dudley would make the announcement as early as next week and likely will leave the bank in the spring or summer of 2018. His second term had been scheduled to end...
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FILE - In this Monday, Nov. 30, 2015, file photo, Federal Reserve Gov. Jerome Powell talks with others before a Board of Governors meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. Two senior administration officials said Thursday, Nov. 2, 2017, that Powell is President Donald Trump's choice to succeed Janet Yellen. (AP Photo/Andrew Harnik, File)
November 02, 2017 - 11:28 am
WASHINGTON (AP) — The Latest on President Donald Trump and the chair of the Federal Reserve (all times local): 11:26 a.m. Mona Mahajan, an investment strategist for Allianz Global Investors, says Wall Street prefers Jerome Powell to other finalists for the Fed post, in part because he appears to...
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FILE- In this Sunday, Oct. 15, 2017, file photo, U.S. Federal Reserve Chair Janet Yellen speaks during the G30 International Banking Seminar, at Inter-American Development Bank headquarters in Washington. On Wednesday, Nov. 1, 2017, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. ( AP Photo/Jose Luis Magana, File)
November 02, 2017 - 11:13 am
WASHINGTON (AP) — President Donald Trump has selected Federal Reserve board member Jerome Powell as the next chairman of the nation's central bank, succeeding Janet Yellen, two senior administration officials said Thursday. Trump plans to make the announcement later in the day at a White House...
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FILE - In this Wednesday, Nov. 27, 2013, file photo, a travel-themed backdrop stands behind a rental car check-in counter as a customer rents a car at Hartsfield–Jackson Atlanta International Airport, in Atlanta. Your credit card may provide important protections if you get in an accident in a rental car. Find out what it covers before the insurance hard sell at the rental counter. (AP Photo/David Goldman, File)
November 02, 2017 - 10:07 am
It's the hard sell at the car rental counter that everyone knows is coming but few know how to handle: rental car coverage. You might recall that your credit card provides some type of free protection for rental cars. That's probably true, and it can be valuable. But you have to know what coverage...
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A man wearing a bowler hat collects donations for the annual poppy appeal ahead of Armistice Day outside the Bank of England in the City of London, Thursday, Nov. 2, 2017. The Bank of England is poised to raise its main interest rate for the first time in a decade to keep a lid on a rise inflation caused by Brexit. The bank is expected Thursday to lift its main rate by a quarter percentage point from the record low of 0.25 percent. (AP Photo/Matt Dunham)
November 02, 2017 - 9:07 am
LONDON (AP) — The Latest on the Bank of England's monetary policy decision (all times local): 1:05 p.m. Bank of England Governor Mark Carney says the global economy is "firing on most cylinders" and that, as a result, it's no surprise that many central banks are easing up on some of their crisis-...
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A currency trader talks on phone as a screen at right shows the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 2, 2017. Asian stock markets were mostly lower on Thursday as investors awaited U.S. President Donald Trump's announcement on his choice to lead the Federal Reserve, shrugging off the results of a Fed meeting that were in line with their expectations. (AP Photo/Ahn Young-joon)
November 02, 2017 - 2:50 am
SEOUL, South Korea (AP) — Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump's announcement on his choice to lead the Federal Reserve. Some markets were pressured by investors locking in profits from recent gains. KEEPING SCORE: Tokyo's Nikkei 225 bucked...
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