A 64-year-old physicist, identified by Newsweek magazine as Bitcoin’s creator, was chased by reporters through Los Angeles and denied any role in the digital currency, saying he first heard of it three weeks ago.
Bank of America Corp., the second- biggest U.S. lender, disclosed new probes into its mortgage and foreign-exchange businesses and boosted an estimate of potential legal losses by 20 percent to $6.1 billion.
JPMorgan Chase & Co., the lender whose legal and regulatory battles led to more than $23 billion in settlements in 2013, said Chief Compliance Officer Cindy Armine left to join another firm after a year on the job.
The Federal Reserve approved new standards for foreign banks that will require the biggest to hold more capital in the U.S., joining other countries in erecting walls around domestic financial systems.
Canadian Prime Minister Stephen Harper, locked in a standoff with President Barack Obama over the Keystone XL pipeline, is refraining from releasing new regulations designed to cut greenhouse-gas emissions in the energy industry until the U.S. makes similar moves.