Australia and New Zealand Banking Group (ANZ) said on Wednesday that it has suspended seven staff involved in a regulatory investigation into the fixing of benchmark interbank interest rates.
The EU's top insurance watchdog on Wednesday warned against giving insurers strong enticements to invest in particular asset classes, saying this would run counter to prudent supervision.
Wells Fargo & Co and the U.S. Department of Justice are "no longer as optimistic" about settling a lawsuit accusing the country's largest mortgage lender of fraud, a lawyer for the bank said on Tuesday.
A U.S. judge on Tuesday accepted the guilty plea of a former stockbroker to participating in an insider trading scheme, one week after expressing concern about whether the defendant's explanation of the crime was legally sufficient.
