×

Congress Financial Reform

  • *Basel regulators to meet in Chile next week. *Europe say rules unfair to banks in their region. LONDON/ PARIS Nov 25- When financial watchdogs gather in Chile next week to finalize global rules on bank capital, transatlantic tensions will overshadow the technical discussions.

  • *Basel regulators to meet in Chile next week. *Europe say rules unfair to banks in their region. LONDON/ PARIS Nov 25- When financial watchdogs gather in Chile next week to finalise global rules on bank capital, transatlantic tensions will overshadow the technical discussions.

  • *Basel regulators to meet in Chile next week. *Europe say rules unfair to banks in their region. LONDON/ PARIS Nov 25- When financial watchdogs gather in Chile next week to finalize global rules on bank capital, transatlantic tensions will overshadow the technical discussions.

  • *Banks still face prosecution in Australia over conduct. The two Australian banks said in separate statements they offered to pay the fines after the antitrust agency started court proceedings over the companies' actions in Singapore when trading foreign exchange contracts for the Malaysian ringgit in 2011.. "These proceedings are a reminder that...

  • Italy's reform referendum: What Italian businesses think

    Leading Italian chief executives have weighed in on what they think about the upcoming Italian referendum.

  • A ‘No’ vote would be for the status quo in Italy: Economist

    LC Macro Advisors Ltd Founder and Chief Economist, Lorenzo Codogno, talks about the political capital Matteo Renzi has put into the upcoming Italian referendum.

  • 25% chance that Renzi remains PM, if ‘No’ wins: LC Macro Advisors

    LC Macro Advisors Ltd Founder and Chief Economist, Lorenzo Codogno, says some politicians are taking advantage of the referendum situation, to effectively get rid of Renzi.

  • *Banks still face prosecution in Australia over conduct. The two Australian banks said in separate statements they offered to pay the fines after the antitrust agency started court proceedings over the companies' actions in Singapore when trading foreign exchange contracts for the Malaysian ringgit in 2011.. "These proceedings are a reminder that...

  • *Banks still face prosecution in Australia over conduct. The two Australian banks said in separate statements on Friday they offered to pay the fines after the antitrust agency started court proceedings over the companies' actions in Singapore when trading foreign exchange contracts for the Malaysian ringgit in 2011.. "These proceedings are a reminder that...

  • BEIJING, Nov 24- China's banking regulator may be getting serious about how lenders provision for the more than 20 trillion yuan of wealth management products that have been issued as non-guaranteed off-balance sheet liabilities. The China Banking Regulatory Commission, in new draft rules released on Wednesday, demanded banks apply a more "comprehensive"...

  • We need stability in Italy: Generali CEO

    Generali CEO, Philippe Donnet, says he’s quite optimistic, as whatever happens in the Italian referendum, the “reforms will be made” at some point.

  • Calleja used at least $123,000 of the investors' money for golf outings, cruises and other personal enjoyment, the SEC said. In 2014, Calleja, 42, part-owned and managed Miami- based Tower Trade Group USA LLC through which he sold privately issued securities that were not SEC- registered, the SEC said. Calleja was not allowed to sell privately issued securities,...

  • Italian referendum acts like a ‘meta reform’: Enel CEO

    Enel CEO Francesco Starace tells CNBC what a rejection of the Italian reforms would mean for the country and the European economy.

  • TORONTO, Nov 21- Canada's competition watchdog concluded on Monday that the country's largest stock exchange operator, TMX Group Ltd, did not violate anti-competitive rules despite its refusal to share private market data with a rival. The statement followed an investigation prompted by a December 2015 complaint by Aequitas Innovations Inc, which operates...

  • Nov 18- The Financial Industry Regulatory Authority said the U.S. Securities and Exchange Commission had approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers. The SEC also approved a similar plan by the Municipal Securities Rulemaking Board, which regulates municipal...

  • Nov 17- In recent days Republican Congressional leaders have taken several opportunities to warn Obama Administration regulators not to finish any more rulemakings, but some agency heads, such as U.S. By law, Congress already can vote to disapprove of regulations within 60 legislative days of them becoming final. Because of the congressional calendar and...

  • Nov 17- In recent days Republican Congressional leaders have taken several opportunities to warn Obama Administration regulators not to finish any more rulemakings, but some agency heads, such as U.S. By law, Congress already can vote to disapprove of regulations within 60 legislative days of them becoming final. Because of the congressional calendar and...

  • Nov 17- In recent days Republican Congressional leaders have taken several opportunities to warn Obama Administration regulators not to finish any more rulemakings, but some agency heads, such as U.S. By law, Congress already can vote to disapprove of regulations within 60 legislative days of them becoming final. Because of the congressional calendar and...

  • WASHINGTON, Nov 17- The U.S. Congress could as soon as January start to dismantle President Barack Obama's transformation of student loan rules by blocking freshly minted regulations designed to help students who say they were defrauded by for-profit colleges. The new measures, which lay out loan relief procedures for the students, were issued by the...

  • *Adair Turner one of architects of new banking rules. LONDON, Nov 16- The United States must not scrap bank capital requirements introduced at the height of the financial crisis aimed at avoiding more taxpayer bailouts of lenders, an architect of the rules said on Wednesday. "I think it would be very unfortunate if there is any significant rollback of the...