Banking and credit regulation

A general view of the Parliament at night in London, Wednesday, Sept. 4, 2019. With Britain's prime minister weakened by a major defeat in Parliament, defiant lawmakers were moving Wednesday to bar Boris Johnson from pursuing a "no-deal" departure from the European Union. (AP Photo/Matt Dunham)
1010 WINS Newsroom
September 04, 2019 - 9:04 pm
LONDON (AP) — The Latest on Britain's bid to leave the European Union (all times local): 9:50 p.m. British Prime Minister Boris Johnson has failed to win sufficient parliamentary support for an early national election on Oct. 15. The vote was 298 in favor and 56 opposed, not enough to force the...
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1010 WINS Newsroom
August 30, 2019 - 6:54 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos has issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. DeVos says schools must be held accountable but that the Obama...
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FILE - In this April 16, 2019, file photo, new condos under construction are being built in vacant lots in a neighborhood near downtown Orlando, Fla. The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency released new guidelines Wednesday for the types of mortgages it will insure at condominiums. (AP Photo/John Raoux, File)
August 14, 2019 - 12:03 pm
WASHINGTON (AP) — The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency released new guidelines Wednesday for the types of mortgages it will insure at condominiums. Just 6.5% of the 150,000 condominium...
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FILE - In this Feb. 9, 2017 file photo various gold bars are on display at the Bundesbank headquarter in Frankfurt, Germany. (AP Photo/Michael Probst.file)
July 26, 2019 - 10:57 am
FRANKFURT, Germany (AP) — The European Central Bank says it and 21 national central banks in Europe are letting an agreement regulating gold sales expire, saying the deal struck two decades ago to stabilize the market for the precious metal is no longer needed. The ECB said Friday that the fourth...
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July 25, 2019 - 12:24 pm
TALLAHASSEE, Fla. (AP) — The Florida Cabinet has fired the state's top banking regulator amid allegations of sexual harassment and other misconduct. The firing of Financial Regulation Commissioner Ronald Rubin on Thursday comes a week after the release of a state investigator's report asserting...
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Facebook CEO Mark Zuckerberg's face is visible on a mock "Zuck Buck" depicted on a screen behind David Marcus, CEO of Facebook's Calibra digital wallet service, as he is questioned by Rep. Brad Sherman, D-Calif., during a House Financial Services Committee hearing on Facebook's proposed cryptocurrency on Capitol Hill in Washington, Wednesday, July 17, 2019. (AP Photo/Andrew Harnik)
July 17, 2019 - 5:05 pm
WASHINGTON (AP) — Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking. Facebook's massive...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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July 10, 2019 - 11:24 am
NICOSIA, Cyprus (AP) — Banking officials are warning Cypriot authorities to not dilute legislation aimed at helping banks on the east Mediterranean island nation from getting to grips with their huge bad loan problem. A source familiar with the situation, who isn't authorized to speak publicly,...
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FILE - In this file photo taken Friday, May 22, 2015, people walk on the Bund against buildings in Pudong, China's financial and commercial hub, in Shanghai. China has criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. (AP Photo/Paul Traynor, Filer)
June 25, 2019 - 7:08 am
BEIJING (AP) — China on Tuesday criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. The banks named by The Washington Post as facing possible loss of access to the U.S. financial system denied they...
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Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 08, 2019 - 4:36 am
FUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from...
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