The Obama administration's new rules governing fracking on federal lands drew swift criticism from all sides on Friday, with green groups calling the measures "toothless" and the energy industry slamming "unnecessary" regulation of a drilling process that has brought the United States to the cusp of oil and gas self-sufficiency.
German financial market watchdog Bafin has imposed a 3.25 million euro ($3.47 million) fine - the regulator's largest ever - on investment manager BlackRock for publishing faulty corporate voting rights disclosures.
Outgoing Credit Suisse Group AG (CS) boss Brady Dougan maintained his pay in the past year, taking home 9.7 million Swiss francs ($9.8 million) after the American executive earned praise for settling a long-running U.S. tax probe.