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Congress Financial Reform

  • BEIJING, May 23- A top official at China's banking regulator is being investigated for suspected disciplinary violations, the country's top anti-graft body said, broadening the country's anti-corruption drive to include more financial supervisors. Yang's investigation brings the country's banking regulator squarely in the crosshairs of China's...

  • OXFORD, England, May 22- European Union antitrust regulators are to put major financial services firms under the microscope by examining the impact of syndicated loans on credit markets. "The fact that the Commission commissions a study in a specific market does not in any way imply that there is anti-competitive behaviour taking place or that the Commission...

  • OXFORD, England, May 22- European Union antitrust regulators are to put major financial services firms under the microscope by examining the impact of syndicated loans on credit markets. "The fact that the Commission commissions a study in a specific market does not in any way imply that there is anti-competitive behavior taking place or that the Commission...

  • WASHINGTON, May 19- The Federal Reserve announced on Friday that it had imposed a $1.2 million fine on a former Barclays Plc foreign exchange trader, and barred him from the banking industry. The ban on the former trader, Christopher Ashton, had been previously announced in August. In that case, the bank had settled with the New York state financial regulator and...

  • TORONTO, May 19- Canada's main stock index rallied on Friday ahead of the Victoria Day holiday long weekend, propelled in part by gains in banking stocks and oil and gas companies. Home Capital Group Inc, which has been struggling to finance its assets after Canada's biggest securities regulator accused the company of making misleading statements to investors,...

  • TOKYO, May 19- Japan tightened regulations on high-frequency trading this week, passing into law measures that will require HFT firms to register with regulators. The growing presence of HFT on the Tokyo Stock Exchange has raised concerns high-speed trading could destabilize markets and leave retail investors at a disadvantage. HFT accounted for about 70...

  • NYSE has said NYSE American will have a similar model as IEX Group's Investors' Exchange, including a 350- microsecond delay, except it will have electronic market makers with obligations to ease the trading of NYSE American-listed stocks. IEX has a market share of 2.33 percent of U.S. stock trading, while NYSE MKT has a share of 0.19 percent so far this month,...

  • WASHINGTON, May 16- Democrats are striking back at the U.S. Congress and White House over their push to cut regulations, as Republicans ratchet up attacks on rules they say hurt business and give bureaucrats too much power. New Jersey Senator Cory Booker, a Democrat, on Tuesday introduced legislation to kill the Congressional Review Act, a law Republicans used...

  • WASHINGTON, May 16- Democrats are striking back at the regulation-cutting blitz in the U.S. Congress and White House, as Republicans ratchet up attacks on rules they say hurt business and give bureaucrats too much power. New Jersey Senator Cory Booker, a Democrat, on Tuesday will introduce legislation to kill the Congressional Review Act, a law Republicans used...

  • *Riyadh aims to raise around $200 bln via privatisation scheme. DUBAI, May 16- One of the world's largest privatisation programmes is drawing foreign investment banks and private equity firms to Saudi Arabia, despite the prospect of low fees and an uncertain regulatory environment. "We see a lot more opportunities in Saudi Arabia because for the first time the...

  • SHANGHAI, May 16- China stocks reversed earlier losses to end higher for the fourth straight day on Tuesday, as investors were relieved by central bank efforts to boost liquidity in the financial system even as regulators announced fresh curbs on shadow banking. Late on Monday, China's banking regulator tightened disclosure rules on lenders' wealth...

  • SEOUL, May 16- South Korea's anti-trust regulator fined Deutsche Bank AG and BNP Paribas a total of 176 million won after it found that their branches had colluded during currency forwards auctions. South Korea's Fair Trade Commission said on Tuesday that the two banks had made illegal profits from 2011 April through 2014 November by colluding on prices of...

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar", in Brussels, Belgium 1245 GMT. **FRANKFURT- European Central Bank Executive Board Member Benoit...

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar," in Brussels, Belgium 1245 GMT. **FRANKFURT- European Central Bank Executive Board Member Benoit...

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar", in Brussels, Belgium 1245 GMT. BRUSSELS- EU foreign affairs council meeting.

  • **MILAN, Italy- European Central Bank Executive Board Member Ignazio Angeloni to give a keynote speech at the "Regulatory vs Business? **BRUSSELS- European Central Bank Executive Board Member Peter Praet will give a Keynote speech at "Annual PensioPlus Financial Seminar," in Brussels, Belgium 1245 GMT. BRUSSELS- EU foreign affairs council meeting.

  • LONDON, May 12- Global stocks paused near record highs as worries over China's banking system provided an excuse for investors to lock in some profits. China's banking regulator this week launched emergency risk assessments of lenders' new business practices, sources told Reuters, as Beijing extends its crackdown on shadow banking. With corporate earnings...

  • SHANGHAI, May 12- China's banking regulator this week launched emergency risk assessments of lenders' new business practices, sources told Reuters, as Beijing deepens its crackdown on shadow banking. Guo Shuqing, the newly-installed chairman of the China Banking Regulatory Commission, has vowed to clean up "chaos" in the country's banking system.

  • SHANGHAI, May 12- China's banking regulator this week launched emergency risk assessments of lenders' new business practices, according to sources with direct knowledge of the matter. The China Banking Regulatory Commission's investigation will include lenders' issuance of interbank negotiable certificate of deposits, their bond investments and their...

  • LONDON, May 11- Britain's markets watchdog said it will review how retail banks make money, echoing a probe last year by the country's competition agency which left lawmakers angry that too little was being done to reform a sector dominated by a handful of lenders. The Financial Conduct Authority said it was reviewing business models of high street banks,...