News
Financial Services Firms Back Consumer Chief Cordray If Congress Reforms Bureau
The Financial Services Roundtable says it will support the confirmation of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB), provided Congress makes changes to CFPB's ...SEC Approves Compensation for Facebook IPO Losers
U.S regulators on Monday approved a plan to compensate market makers who lost money in a botched Facebook Inc. public offering in May on the Nasdaq exchange. Nasdaq, a unit of Nasdaq OMX Group Inc., ...
Producer compensation programs send clear messages about what a carrier values. Commission rates, incentive structures, bonuses, and performance thresholds direct...
UK Weighs Immigration Insurance for ‘High Risk’ Visitors
Those wanting to see Big Ben better make sure they've got some cash on hand if they're visiting from a "high risk" country. British deputy leader Nick Clegg said his government is studying the idea ...IMF to Cut 2013 U.S. Growth Forecast: Report
The International Monetary Fund (IMF) is planning to cut its U.S. growth forecast for this year due to higher taxes and spending cuts, Italian news agency ANSA said, citing a draft of the IMF's next ...
Bankers Personally Liable for Sanctions Violations: U.S. Treasury
The U.S. Treasury Department plans to hold bankers personally responsible and subject them to fines when their banks help countries such as Iran evade economic sanctions. The shift is in line with ...
China’s Economy Struggles with Financial Risks, Surplus Production: Vice Premier
China's economy faces more headwinds as it struggles with surplus production capacity and risks to the financial system, a member of the country's top decision-making body said on Sunday, calling for ...