Banking and credit regulation

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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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 9:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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CEO of Deutsche Bank Christian Sewing speaks during the annual shareholders meeting in Frankfurt, Germany, Thursday, May 23, 2019. (AP Photo/Michael Probst)
May 23, 2019 - 6:40 am
FRANKFURT, Germany (AP) — The CEO of Deutsche Bank says he is ready to make "tough cuts" to improve the struggling bank's profitability and raise a "disappointing" share price as negative headlines continue to pursue Germany's biggest bank. Christian Sewing made the remarks Thursday in front of...
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May 20, 2019 - 12:55 pm
WASHINGTON (AP) — President Donald Trump is insisting he didn't borrow from many banks because he "didn't need the money," not because they wouldn't do business with him. Trump's tweets Monday appear to be in response to New York Times reporting that Deutsche Bank anti-money laundering specialists...
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