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The Wednesday Express: North American financials

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The Wednesday Express: North American financials

* State Street, New York Community Bancorp, Huntington Bancshares, and BOK Financial are scheduled to report quarterly results before markets open today. First Citizens BancShares is slated to report results during market hours, while East West Bancorp is expected to report after market hours.

* Jim Cowles Citigroup's chief executive for Europe, Middle East and Africa — said that the company met with regulators in Ireland, Italy, France, Spain, Germany and the Netherlands about possibly launching operations in the respective countries post Brexit, the Financial Times reports.

* Private equity firms such as Carlyle Group and Blackstone Group are seeking to secure the right to market and distribute funds in Luxembourg in order to continue operating across Europe following Brexit, "people familiar with the matter" told the Financial Times.

* Mary Eshet, a spokewoman for Wells Fargo, said that the company will no longer give retail bankers a 24-hour heads-up before officials from the company's risk department come to inspect a branch, Bloomberg News reports.

* The U.S. District Court of the Eastern District of Virginia dismissed Independent Community Bankers of America's lawsuit against the National Credit Union Administration over the regulator's new rule on business lending.

* New Jersey-based Investors Bancorp and Bank of Princeton have mutually agreed to terminate the former's acquisition of the latter.

* Richard Fairbank, chairman, president and CEO of Capital One Financial, said that the company does not expect to receive regulatory approval on its application to purchase Cabela's credit card operations.

* Current and former insurance commissioners and a state legislator are among the candidates to fill key regulatory positions, including the directorship of a potentially re-imagined Federal Insurance Office, according to industry and government sources.

* Insurance firm HRG Group named George Nicholson senior vice president, CFO and chief accounting officer, effective Jan. 20.

* Alfredo Castelo has succeeded Jaime Tamayo as president and CEO of insurance firm MAPFRE USA and the MAPFRE North America region.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription.