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Financial Reform

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  • BOSTON, March 17- Big U.S. companies appear to have handed out smaller increases in compensation to their chief executives in 2013 than in 2012, mainly as a result of reduced grants of stock options, according to an early review of annual regulatory filings.

  • NEW YORK, March 13- A former analyst affiliated with billionaire Steven A. Cohen's SAC Capital Advisors LP has agreed to pay more than $203,000 and be banned from the securities industry to settle insider trading charges by the U.S. Securities and Exchange Commission.

  • *Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. Synchrony Financial filed a $100 million placeholder with the U.S. Securities and Exchange Commission on Thursday and GE said it expects to complete the IPO later this year. Goldman Sachs& Co, JP Morgan, Citigroup and Morgan Stanley are lead underwriters for the IPO, according to the filing.

  • WASHINGTON, March 12- A U.S. "Whatever business model you want to use is perfectly fine with us, as long as it is not a business model that is entirely based on conflicts of interest," said Phyllis Borzi, the assistant secretary of the Employee Benefits Security Administration, in remarks at an event held by the Financial Services Roundtable.

  • Beware Bitcoin - U.S. brokerage regulator Tuesday, 11 Mar 2014 | 3:08 PM ET

    In an investor alert titled "Bitcoin: More than a Bit Risky," the Financial Industry Regulatory Authority said recent events such as the bankruptcy of Bitcoin exchange operator Mt. "Speculators drawn to bitcoin trading should understand that bitcoin prices have fluctuated widely, and wildly," said Gerri Walsh, FINRA's vice president for investor education.

  • UPDATE 3-China launches private bank pilot programme Tuesday, 11 Mar 2014 | 5:56 AM ET

    BEIJING, March 11- China will launch pilot programmes testing the development of privately-owned banks in Tianjin, Shanghai, Zhejiang and Guangdong, the country's bank regulator Shang Fulin said on Tuesday.

  • BEIJING, March 11- Following are comments from a media conference by Zhou Xiaochuan, the governor of the People's Bank of China, Deputy Governor Yi Gang, the head of China Banking Regulatory Commission, Shang Fulin, as well as the heads of China Insurance Regulatory Commission and the China Securities Regulatory Commission. For a related story, see.

  • MILAN, March 4- Euro zone banks could be forced to disclose any major balance sheet gaps discovered in a health check on the industry before the results are made public in October, the head of the European banking watchdog said on Tuesday.

  • BEIJING, Feb 27- China's foreign exchange regulator has launched an investigation into the possible impact from recent yuan depreciation on foreign exchange transactions at domestic banks and companies, banking sources said on Thursday.

  • DIARY - Top economic Events to Mar 11 Wednesday, 26 Feb 2014 | 7:01 AM ET

    WOOSTER, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto gives lecture, "Reflections on 35 Years with the Federal Reserve System" at the James R. Wilson Lecture Series hosted by the College of Wooster- 0030 GMT. SAITAMA, Japan- Bank of Japan board member Koji Ishida speaks to business leaders in Saitama- 0130 GMT.

  • Discover Financial faces US probe over student lending Tuesday, 25 Feb 2014 | 5:47 PM ET

    The Consumer Financial Protection Bureau has issued a civil investigative demand to Discover Bank seeking information regarding certain student loan servicing practices, Discover said in its annual filing on Tuesday.

  • WASHINGTON, Feb 25- U.S. financial regulators plan to release on March 20 the results of annual stress tests, which weigh banks' ability to withstand an economic crisis, the Federal Reserve said on Tuesday. Last year, the Fed initially vetoed submissions by BB&T Corp and Ally Financial.

  • "I think we've gotten the details worked out and now it's just getting the schedule and... getting everyone lined up," Federal Deposit Insurance Corp Vice Chairman Thomas Hoenig told reporters at a conference.

  • 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."

  • Taxing times for US business     Tuesday, 14 Jan 2014 | 6:35 AM ET

    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.

  • Watering down of bank reforms is usual: Pro     Monday, 13 Jan 2014 | 11:30 AM ET

    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.

  • Investors unsure, but US economy is strong: AIG CEO Monday, 16 Dec 2013 | 9:09 AM ET
    Robert Benmosche, CEO and president of AIG.

    "When I go around to my fellow CEOs, people are frightened about whether you want to invest in the United States," he said.

  • China's reform resolve in 2014     Tuesday, 10 Dec 2013 | 8:33 PM ET

    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.

  • Ryan-Murray budget deal bodes well: Pro     Tuesday, 10 Dec 2013 | 8:10 PM ET

    Kenneth Bentsen, President of the Securities Industry and Financial Markets Association says the U.S. budget deal is a good move towards reducing risk.