Staff have been quitting Britain's financial watchdogs at nearly twice the rate since they were split into two bodies this year, data seen by Reuters shows, at a time when experts warn of a regulatory brain drain in Europe's biggest financial hub.
Standard Chartered scaled back its income growth target for the next couple of years on Monday as slower economic growth and tougher regulations bite.
UBS, said it probably won’t be able to reach its profitability goal in 2015 after the Swiss regulator demanded the company hold more capital for risks related to litigation.
Benchmarks underpinning markets from oil to currencies face tougher oversight under plans by global regulators to prevent any repeat of Libor-style fraud.
Barclays CEO Antony Jenkins has denied any conflict between his bank and its regulators, even as the U.K. banking giant tries to fend off pressure to meet stricter capital requirements.
The SEC said that defendants may no longer be able to neither admit nor deny guilt in some cases.
Deutsche Bank co-CEO Anshu Jain is cautiously optimistic about the health of the global economy but worries about regulatory "balkanization."
The Dodd-Frank financial reform bill can't find much love. Three years after being signed into law-and with only about 20 percent of its rules in place-critics and even supporters of regulation say they find it flawed and convoluted.
If you work for an investment bank, you may feel that a grandiose job description is your due - but be careful.
The efforts in Congress to break-up "too big to fail" banks in the U.S. run the risk of allowing Chinese banks to takeover as leaders on the world financial stage, an influential banking analyst told CNBC on Tuesday.