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The Consumer Financial Protection Agency, would be charged with writing rules for mortgage and credit card products in the wake of the credit crunch and financial crisis.


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US equity markets were mixed early on Thursday as investors digested a slew of earnings and guidance from companies, some of which were ahead of expectations
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A tumbling dollar failed to rescue Wall Street from the apparent onset of earnings fatigue
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The pound rallies after the Bank of England says its policymakers voted 9-0 not to pump more money into the UK economy.
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A key congressional committee eyes a 13-member oversight board to manage a proposed Consumer Financial Protection Agency charged with writing rules for mortgage and credit card products.


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The pound climbed to a one-month high against the dollar on Wednesday after the minutes of the Bank of England's October monetary policy meeting struck a less dovish tone than expected.
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The Obama administration plans to introduce a program to help struggling community banks have greater access to the government’s $700 billion bank bailout package.


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Western stock markets endured profit taking as downbeat economic news trumped upbeat earnings reports, though Asian equities rallied to fresh 13-month highs
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The number of new houses being built in the US edged up in September, but by less than expected, figures show.
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Banks are at the centre of attention on London equities markets, with news of a significant stake sale by Barclays' biggest shareholder Qatar Holdings and a disposal at Lloyds TSB
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