This is one of the topics that becomes absurd almost as soon as you begin trying to discuss it, and yet the numbers show that still, in 2014, we have to discuss it: women in the workplace, notably Silicon Valley.
U.S. regulators implementing the Dodd-Frank Act are following a “seriously flawed” process that may damage the financial system and hinder economic recovery, according to top members of a capital markets research group.
Georgia requested information from UBS AG, Morgan Stanley and Ameriprise Financial Inc. in its probe over whether the firms broke the state’s securities laws in sales of structured notes called reverse convertibles.
Lloyd’s of London asked a U.S. judge to declare that it and Transocean Ltd. ’s other excess-insurance carriers have no obligation to cover BP Plc clean up and damage claims resulting from the Gulf of Mexico oil spill.
Some of the U.S. Securities and Exchange Commission’s Dodd-Frank rules may face legal challenges after a federal appeals court ruling rejected an agency regulation on shareholder rights, analysts said.
The Federal Reserve said 17 of the 18 largest U.S. banks could withstand a deep recession and maintain capital above a regulatory minimum, a sign of how higher standards and supervisory prodding are strengthening the financial system.
China may relax or abolish a rule that requires Renminbi Qualified Foreign Institutional Investors to keep most of their funds in bonds, according to the Hong Kong Monetary Authority, a move that may boost demand for stocks.