NYSE Group said on Monday it would take back the majority of the policing duties for its two U.S. options exchanges and three stock markets, including the New York Stock Exchange, from Wall Street's self-funded watchdog at the end of 2015.
Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis.
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 rate, The Wall Street Journal reported, citing sources.
President Barack Obama gathered the top U.S. market regulators at the White House on Monday and urged them to look for ways to tailor rules based on financial firms' size and complexity.
