Search Results for: regulators
MetLife to meet skeptical regulators in bid to escape rules
November 3rd, 2014
MetLife, the largest U.S. insurer, will make a final plea on Monday to a group of U.S. regulators determined to subject it to tougher oversight as they probe which firms could pose a risk to the larger financial system. ...
In Turnabout, Former Regulators Assail Wall St. Watchdogs
October 23rd, 2014
When former top government officials become white-collar defense lawyers, they still wield influence when they weigh in on enforcement matters. I was attending the Securities Enforcement Forum, a gathering of top regulators and white-collar defense worthies. The marquee section ...
U.S., UK regulators might settle Deutsche Bank Libor case this year
October 7th, 2014
U.S. and British regulators are in a plan to settle the Deutsche Bank AG (DBKGn.DE) Libor case in the next few months as they hope to extract major penalties from the bank for alleged manipulation of the benchmark interest ...
Regulators Weigh Delay for Separating Banks’ Swaps Units
September 19th, 2014
U.S. banks may get another year to shift some swaps trading from their government-insured units as regulators respond to demands to give them more time, according to two people familiar with the talks. A delay until July 2016 in ...
EU regulators expect Novo Banco sale to proceed as agreed
September 15th, 2014
European Union state aid regulators expect Portugal to sell Novo Banco, the successor to troubled Banco Espirito Santo (BES) (BES.LS), in line with a pledge made in return for regulatory approval of its 4.9-billion-euro state bailout. “There is a ...
Regulators set rules meant to ward off bank crisis
September 4th, 2014
Federal regulators are requiring big banks to keep enough high-quality assets on hand to survive during a severe downturn, the latest move under congressional mandate to lessen the likelihood of another financial meltdown. The Federal Reserve adopted rules on ...
EU regulators fine Infineon, Samsung, Philips 138 million euros
September 3rd, 2014
European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards. The European Commission, which raided the companies in ...
U.S. bank regulators set to adopt liquidity, swaps margin rules
September 3rd, 2014
U.S. bank regulators plan to adopt on Wednesday rules forcing big banks to hold more assets that they could sell easily in a credit crunch, a requirement that is closely linked to the experience of the 2007-2009 financial crisis. ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
China Regulators: Qualcomm Seeks to End Antitrust Probe
August 22nd, 2014
U.S. chipmaker Qualcomm Inc is seeking to end an investigation by China’s pricing regulator into monopoly practices, the company said on Friday, expressing its willingness to improve and correct pricing issues according to the regulator. The National Development and ...
