The Bundesbank has launched an investigation into claims that Deutsche Bank hid billions of dollars of losses on credit derivatives during the financial crisis. The Financial Times reports.
The FTC gets 200,000 complaints each month about robocalls and it hopes technology can take a bite out of this crime. On Tuesday, the group gave a $50,000 cash prize for possible solution submissions.
Bank of America agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchases of mortgage-backed securities by corporate credit unions that have since failed.
The decision approving Stockton's relief via Chapter 9 bankruptcy Monday may have residual effects on bondholders, retiree pension plans and the future of other faltering cities, NBC News reports.
Prosecutors have a tough road in going after SAC Capital's Michael Steinberg, but the government may be holding a card that could help them overcome this hurdle.
With only six months before the start of enrollment for Obamacare, state and federal health officials are racing to get insurance regulations and systems up and running in time.
The U.S. government wants more say in network equipment purchases as a condition to approve the $20 billion takeover of Sprint Nextel by Japanese mobile carrier Softbank , the Wall Street Journal reported, citing people familiar with the matter.
The Supreme Court indicated Wednesday it could strike down the federal Defense of Marriage Act, which prevents legally married gay couples from receiving a range of federal benefits that go to other married couples.
Citigroup complied with an order with the U.S. Federal Reserve to improve its anti-money laundering controls, after several units of the bank were subject to similar orders in 2012.
Japan and Australia plan to sanction North Korea's Foreign Trade Bank as part of U.S.-led efforts targeting Pyongyang's main foreign exchange bank for the role Washington says it has in funding the country's nuclear program.
European Union regulators are examining the contracts Apple strikes with cellphone carriers that sell its iPhone for possible antitrust violations. The New York Times reports.
A recent study out of the FDIC makes it clear that no one has any idea what compliance with financial regulations, including the Dodd-Frank financial reforms, actually costs.