U.S. risk council to meet privately with Wall Street on systemic-risk...
The U.S. council of regulators that polices for destabilizing market risks is holding a series of private meetings with the financial industry to improve the process for designating large non-bank...
View ArticleFed issues rule to prevent oversized U.S. financial firms
The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market. The...
View ArticleU.S. money-laundering probe draws in Putin's inner circle -report
U.S. prosecutors have launched a money-laundering investigation into a member of Russian President Vladimir Putin's inner circle, the Wall Street Journal reported on Wednesday, citing people familiar...
View ArticleAML officer fined in latest FINRA case over unreported 'suspicious' activity...
A former anti-money laundering compliance officer with New York-based securities firm Clark Dodge & Co Inc has agreed to be suspended from acting in a principal capacity at any broker-dealer for...
View ArticleFinancial Stability Board cuts amount of extra capital UBS, Credit Agricole...
Switzerland's UBS and France's Credit Agricole have been deemed by regulators as less important to the global financial system than a year ago and will not have to hold as much extra capital as...
View ArticleFormer Venezuelan judge pleads guilty in Miami drug money case
A former Venezuelan judge who was accused by the United States of involvement in drug trafficking pleaded guilty in Miami federal court on Wednesday to extortion, obstruction of justice and money...
View ArticleSEC charges Michigan city with fraud over municipal bond sale
U.S. securities regulators have charged the Detroit suburb of Allen Park, Michigan, and two of the city's former leaders with fraud over a municipal bond offering intended to finance a massive movie...
View ArticleMajor U.S. mortgage servicer Walter Investment under regulatory scrutiny
Walter Investment Corp, one of the largest U.S. companies that collect home loan payments, said on Thursday that several state regulatory agencies were investigating its business practices, and its...
View ArticleU.S. Fed's Powell calls for tougher clearinghouse oversight
Clearinghouses like those operated by CME Group and Intercontinental Exchange should be subject to stricter oversight, including coordinated stress tests, to prevent failure in the face of a financial...
View ArticleU.S. expects more Libor charges and plea talks with bank: prosecutor
A sprawling, global investigation into whether banks manipulated Libor benchmark interest rates may result in U.S. charges against more individual defendants and a guilty plea from another bank, a U.S....
View ArticleFormer CFO of California company used PayPal to embezzle and launder...
The former controller and chief financial officer of a Fresno, California company has been indicted on fraud and money laundering charges for allegedly using PayPal Inc accounts to divert and embezzle...
View ArticleTexan charged in first bitcoin securities fraud Ponzi case
A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a...
View ArticleU.S. regulators to join UK in multi-billion dollar forex settlement with...
U.S. regulators plan to join their UK peers in a multi-billion-dollar settlement with a group of the biggest global banks accused of manipulating the foreign exchange market, sources familiar with the...
View ArticleU.S. Senate investigations committee plans showdown on banks in commodities
U.S. Senator Carl Levin's powerful committee will hold a two-day hearing later this month on Wall Street banks' ownership of physical commodities and assets from pipelines to warehouses, touching off a...
View ArticleU.S. judge declines broker guilty plea in IBM insider-trading case
A federal judge rejected the guilty plea of former stockbroker accused in an insider trading scheme centered on a technology company acquired by International Business Machines Corp in 2009. Daryl...
View ArticleUK prepares forex fines for six banks on Wednesday -sources
British regulators investigating allegations of collusion and manipulation in the foreign exchange market could fine a group of six banks as early as next Wednesday, people familiar with the matter...
View ArticleFed's Tarullo urges tailoring of small bank supervision
Tailoring supervision for smaller banks is a logical next step for regulatory reform, a top Federal Reserve official said on Friday, as pressure builds for regulators to ease off rules banks say are...
View ArticleU.S. bank regulator to boost cybersecurity exams for small banks
U.S. community banks and vendors providing services to them should expect more stringent exams to ensure they have adequate defenses against computer hackers, a top U.S. regulator said on Friday....
View ArticleU.S. regulators still concerned about banks' leveraged loans
Federal regulators said on Friday that their 2014 review of U.S. bank loans showed the proportion of risky leveraged loans was the same as it was the year before, but they warned banks that they will...
View ArticleEXCLUSIVE: Wall Street trade body seeks bigger formal say in market issues -...
A major Wall Street trade group is lobbying to get legislation passed that would give trading firms, banks and institutional investors a greater say in how the U.S. stock market is governed, according...
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