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Michelle Price

U.S. markets regulators reach deal on Dodd-Frank swaps capital rules

21 Jun 2019

WASHINGTON U.S. markets regulators on Friday unveiled an agreement on how much capital and margin firms must hold when trading swaps based on securities, finalizing a key piece of the 2010 Dodd-Frank law introduced following the 2007-09 financial crisis.

U.S. markets regulators reach deal on Dodd-Frank swaps capital rules

21 Jun 2019

WASHINGTON, June 21 U.S. markets regulators on Friday unveiled an agreement on how much capital and margin firms must hold when trading swaps based on securities, finalizing a key piece of the 2010 Dodd-Frank law introduced following the 2007-09 financial crisis.

U.S. senator queries MSCI over inclusion of Chinese shares in major benchmark

13 Jun 2019

WASHINGTON, June 13 U.S. Senator Marco Rubio has written to the CEO of global index provider MSCI Inc seeking information on why the company has included certain Chinese stocks in its widely tracked emerging market index, his office said on Thursday.

U.S. bank regulator will vet next Wells Fargo CEO

15 May 2019

WASHINGTON A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

UPDATE 1-U.S. bank regulator will vet next Wells Fargo CEO

15 May 2019

WASHINGTON, May 15 A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

U.S. bank regulator will vet next Wells Fargo CEO

15 May 2019

WASHINGTON, May 15 A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

Trump may be trying to make everyone 'crazy' with sanctuary cities threat: Sen. Rick Scott

14 Apr 2019

WASHINGTON President Donald Trump may have threatened to transport illegal immigrants to so-called sanctuary cities to "make everybody crazy" and generate media attention, Republican U.S. Senator Rick Scott said on Sunday.

Fed urges U.S. financial industry to accelerate Libor transition

10 Apr 2019

WASHINGTON The U.S. financial industry must accelerate efforts to move away from the scandal-plagued Libor reference interest rate, Federal Reserve Governor Randal Quarles said on Wednesday, adding that the regulator was scrutinizing banks' transition plans.

U.S. consumer watchdog says 'all options on table' for enforcing Wells Fargo order

10 Apr 2019

WASHINGTON/NEW YORK The U.S. Consumer Financial Protection Bureau (CFPB) has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank.

U.S. consumer watchdog says 'all options on table' for enforcing Wells Fargo order

10 Apr 2019

WASHINGTON/NEW YORK, April 9 The U.S. Consumer Financial Protection Bureau (CFPB) has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank.

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