The Labor Department proposed a new rule that would make it easier for 401(k) plan owners and their employers to determine fees and expenses.
The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.
Simon Maughan, head of product specialist group at OTAS Technologies, says the European Central Bank's asset quality review has "more credibility" than anything before.
A liberalization of interest rates and a rise in credit risks could prove damaging for Chinese lenders, thus it's important to maintain systemic stability, says Ken Peng, Asia Investment Strategist at Citi Private Bank.
The CEO of UniCredit has told CNBC the bank will focus on "growth and profitability" after reporting a massive loss.