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  • The Shanghai branch of China's central bank has ordered commercial lenders to check for risks in their margin trading business, and submit their margin trading accounts and list connected wealth management products. To caution against risks, China's top securities regulator, Xiao Gang, on Thursday urged stocks investors to be "rational and calm".

  • April 15- Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, Bloomberg reported, citing two people familiar with the matter. The U.S. Justice Department and Consumer Financial Protection Bureau are examining whether the bank violated the Fair Housing Act, Bloomberg reported, adding that a preliminary CFPB...

  • April 15- Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, Bloomberg reported, citing two people familiar with the matter. The U.S. Justice Department and Consumer Financial Protection Bureau are examining whether the bank violated the Fair Housing Act, Bloomberg reported, adding that a preliminary CFPB...

  • Greek MP discusses default fears   Wednesday, 15 Apr 2015 | 7:30 AM ET
    Greek MP discusses default fears

    Kyriakos Mitsotakis, Greek MP at the New Democracy Party, says he sees "no conceivable option" for Greece to default, as it would be "a completely catastrophic scenario."

  • WASHINGTON— A former CEO and two former top executives at mortgage giant Freddie Mac have settled a government lawsuit. The Securities and Exchange Commission announced the settlement late Tuesday with former Freddie CEO Richard Syron; Patricia Cook, an executive vice president and chief business officer; and Donald Bisenius, a senior vice president.

  • NEW YORK, April 14- Former Freddie Mac Chief Executive Officer Richard Syron and two other executives have agreed to settle a lawsuit by the U.S. Securities and Exchange Commission accusing them of misleading investors ahead of the 2008 financial crisis. Like other regulators, the SEC has been criticized for not holding enough top executives liable for...

  • April 9- First Tennessee Bank, the regional bank for First Horizon National Corp, said it would pay $212.5 million to settle claims of mortgage lending violations related to the business the company sold in 2008.. First Tennessee has reached an agreement with the U.S. Department of Housing and Urban Development and the U.S. Department of Justice to settle claims...

  • April 9- First Tennessee Bank, the regional bank for First Horizon National Corp, said it would pay $212.5 million to settle claims of mortgage lending violations related to the business the company sold in 2008.. First Tennessee has reached an agreement with the U.S. Department of Housing and Urban Development and the U.S. Department of Justice to settle claims...

  • NEW YORK, April 9- A lawyer for Nomura Holdings Inc argued on Thursday that a U.S. regulator relied on "voodoo science" to pursue claims that the bank made false statements in selling $2 billion in mortgage-backed securities to Fannie Mae and Freddie Mac. David Tulchin, Nomura's lawyer, urged a Manhattan federal judge to reject the Federal Housing Finance Agency's...

  • WASHINGTON, April 9- A panel of investor advocates said on Thursday they were developing a proposal for U.S. securities regulators that will make it easier for retail investors to conduct online background checks of financial professionals before hiring them. The Securities and Exchange Commission's Investor Advisory Committee discussed the...

  • India's reforms: Domestic focus is the right focus   Thursday, 9 Apr 2015 | 4:30 AM ET
    India's reforms: Domestic focus is the right focus

    Jan Dehn, head of research at Ashmore Investment Management, says the real upside for India is the domestic economy; adding that the real constraints are the lack of reforms and inefficiencies; all of which India's Prime Minister is addressing.

  • SocGen: 10% chance of sustainable deal for Greece   Thursday, 9 Apr 2015 | 4:00 AM ET
    SocGen: 10% chance of sustainable deal for Greece

    Anatoli Annenkov, senior European economist at Societe Generale, says that for Greece to pay back all of its loans, there needs to be more progress at the next Eurogroup meeting.

  • HK stock rally is 'bit of a reform premium': Pro   Wednesday, 8 Apr 2015 | 11:12 PM ET
    HK stock rally is 'bit of a reform premium': Pro

    Gavin Parry, managing director at Parry International Trading, attributes the rally in the Hang Seng index to the removal of barriers for mainland money managers to buy H-shares last week.

  • The Consumer Financial Protection Bureau has proposed a number of guidelines for the industry, including limiting the number of loans per customer to six per year. U.S. payday lenders extend more than $38 billion in loans annually, according to the Community Financial Services Association of America, an industry body. "The proposed rules are so far-reaching...

  • Greek reforms: The risks ahead   Wednesday, 8 Apr 2015 | 11:00 AM ET
    Greek reforms: The risks ahead

    Edmund Shing, global equity portfolio manager at BCS Financial Group, discusses Greece's reform plans and the potential risks ahead.

  • Pawn to cushion payday lenders from regulatory blow Wednesday, 8 Apr 2015 | 9:20 AM ET

    The Consumer Financial Protection Bureau has proposed a number of guidelines for the industry, including limiting the number of loans per customer to six per year. "The proposed rules are so far-reaching that they will basically put the entire small-business portion of this industry out of business," said Phil Frohlich, a portfolio manager at hedge fund...

  • Why more defaults will occur in China   Tuesday, 7 Apr 2015 | 9:34 PM ET
    Why more defaults will occur in China

    Mark Mobius, executive chairman of Templeton Emerging Markets Group, discusses news that Cloud Live became the first company to default on corporate bond principal in China.

  • Why Greece really needs tax reforms   Tuesday, 7 Apr 2015 | 11:40 AM ET
    Why Greece really needs tax reforms

    Constantine Michalos of the Greek Chamber of Commerce and Industry, discusses the best course of action to boost Greek business.

  • Grexit: Worse for stock market, than bond market   Tuesday, 7 Apr 2015 | 4:00 AM ET
    Grexit: Worse for stock market, than bond market

    Discussing the latest developments with Greece, David Owen, chief European economist at Jefferies International, says that if Greece exits the euro zone, it could be worse for the European stock market than the bond market.

  • Morgan Stanley said 62 percent of investors polled at its European financial industry conference said the negatives of having a global banking business outweighed the benefits as regulations had "become overbearing" for the largest firms. "We found it striking that some management teams are seeking to make their businesses simpler, and we believe investors...