While India's government is well-intentioned, it doesn't have the majority needed to move on reforms, says Saurabh Mukherjea, CEO of institutional equities at Ambit Capital.» Read More
A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.
Repeated scandals at banks' trading desks show the sector's compensation must be regulated to stop encouraging misconduct, BOE Gov. Mark Carney said.
Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.
Treasury is proposing a new regulation to make the financial system more transparent, says Undersecretary David Cohen.
Key Wall Street executives called for reform to some trading fees that could be causing market distortions and increased use of dark pools.
The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.
Seijiro Takeshita, director at Mizuho International, comments on Shinzo Abe's new measures and says their benefits won't be felt until next year at the earliest.
There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.
Sallie Mae has reached a $60 million settlement with the government to resolve allegations that it overcharged military service members.
Regulations on big banks have created a vacuum into which alert entrepreneurs have established commanding positions, says bank analyst Dick Bove.
China's banking regulator has urged authorities and banks to step up an investigation into iron ore financing deals to minimize default risks.
The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday.
John Woods, MD, Head of Fixed Income & Senior Portfolio Manager at Citi Investment Management, discusses the likelihood of India seeing economic reforms post-election.
Caterpillar is under scrutiny for its tax strategies as the Senate will be taking a closer look at its tax structures today, reports CNBC's Hampton Pearson.
Diana Choyleva, director and head of the U.K. service at Lombard Street Research, says the implementation of necessary financial sector reforms in China will be "unpleasant and very difficult" and lead to "below-trend growth."
Jeffrey LeSage, KPMG vice chairman of U.S. tax practices, discusses tax reform and the key concerns facing business leaders. The likelihood of getting any kind of tax reform from Washington is "pretty small," says Lesage.
Simon Maughan, head of research at OTAS Technologies, comments on regulators relaxing Basel debt rules.
Chi Lo, Senior Strategist, Greater China at BNP Paribas Investment Partners, says China's local debt accumulation is unsustainable.
"When I go around to my fellow CEOs, people are frightened about whether you want to invest in the United States," he said.
Hao Hong, MD of Research & Chief Strategist at Bank of Communications International, says the real test of Chinese reform is whether the government can sit tight if growth falls below 7% in 2014.