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Rate sensitive bank stocks rally after cuts

LIVE MARKETS-Rate sensitive bank stocks rally after cuts Main U.S. indexes rally, Nasdaq up ~2.8% Tech leads S&P 500 sector gainers; utilities weakest group Euro STOXX 600 index rises 1.4% Dollar off; gold up >1%, crude up ~2%; bitcoin rallies ~5% U.S. 10-Year Treasury yield rises to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Citizens Financial Group Announces Prime Rate Change

BRIEF-Citizens Financial Group Announces Prime Rate Change Citizens Financial Group Inc CFG.N : CITIZENS FINANCIAL GROUP ANNOUNCES PRIME RATE CHANGE CITIZENS FINANCIAL - DECREASED ITS PRIME LENDING RATE TO 8.00 PERCENT Source text for Eikon: ID:nBw8RdN0Qa Further company coverage: CFG.N
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US regional banks rise after Powell's Jackson Hole speech

BUZZ-US regional banks rise after Powell's Jackson Hole speech ** Shares of regional banks advanced in early trade after Federal Reserve Chair Jerome Powell says, "the time has come for policy to adjust" ** He adds, "the direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the ba
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US regional bank deals rise as lenders aim to bolster balance sheets

ANALYSIS-US regional bank deals rise as lenders aim to bolster balance sheets By Manya Saini and Niket Nishant Aug 19 (Reuters) - Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may attract anti-trust scrutiny.
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US bank stocks tumble; weak economic data sparks recession fears

UPDATE 3-US bank stocks tumble; weak economic data sparks recession fears Updates with closing prices, adds Morgan Stanley's note in paragraph 16 By Manya Saini and Saeed Azhar Aug 5 (Reuters) - U.S. bank stocks slumped on Monday as fears of a recession sent investors fleeing from a sector closely tied to the health of the economy and toward safe-haven assets.
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