News

Canada's main stock index rose on Wednesday, driven by strong results from Royal Bank of Canada , which helped lift shares of financial sector.

Denmark's state prosecutor has filed preliminary charges against Danske Bank for allegedly violating the country's anti-money laundering act in relation to its Estonian branch.

The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year, even as momentum appears to have moderated further early in the fourth quarter.

* UK government says economy would suffer less with May's plan

Central bank also highlights trade tensions, geopolitics in financial stability report

Tensions over trade, the turbulent Brexit discussions, and trouble in China and emerging markets could rock a U.S. financial system where asset prices are "elevated" and business credit quality may be "deteriorating," the U.S. Federal Reserve said in a first-ever report devoted to financial stability.

Talks between the European Union and Switzerland have not made enough progress to extend EU recognition of Swiss stock-exchange regulations beyond this year, European Commission Vice President Valdis Dombrovskis said in a letter.

Danske Bank said the Danish state prosecutor had filed preliminary charges against the bank for allegedly violating the country's anti-money laundering act in relation to it Estonian branch.