Boston Marathon bombing suspect Dzhokhar Tsarnaev’s defense lawyers won’t be allowed to take periodic photographs of their client in prison to use as evidence of “his evolving mental and physical state.”
The European Central Bank is set to take center stage as the euro area’s chief banking supervisor, after the European Banking Authority ditched this year’s stress test in favor of an ECB-led review of lenders’ asset quality.
The best chance for 19-year-old Dzhokhar Tsarnaev to avoid execution for the deadly Boston Marathon bombing may be to cooperate fully with investigators, or convince a jury he was “brainwashed” by his older brother.
European Union banks will be forced to boost capital, disclose more information on their activities than ever before, and face tougher scrutiny of how they measure risks, after lawmakers formally endorsed a law to overhaul the bloc’s financial rulebook.
The European Central Bank is pushing global banking regulators to relax a draft liquidity rule so that lenders can use some asset-backed securities and loans to businesses in a buffer they must hold against a possible credit squeeze, according to three people familiar with the talks.
The International Swaps & Derivatives Association, a financial industry derivatives group, is being probed as part of a European Union antitrust investigation into how data on credit derivatives is shared.