| | | U.S. investigating forex trading at Wells Fargo: WSJ | | | (Reuters) - Federal prosecutors are investigating foreign-exchange trading at Wells Fargo & Co and have subpoenaed information from the firm, the Wall Street Journal reported, citing people familiar with the matter. |
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| | | U.S. SEC close to forming group to scrutinize the bond market | | | NEW YORK (Reuters) - The U.S. Securities and Exchange Commission has taken the first step in formally establishing an advisory committee to scrutinize the rules of the fixed income market and advise on potential reforms, according to a regulatory filing. |
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| Risky assets heading for best year: BAML | | | LONDON (Reuters) - Voracious investor appetite is set to make this by far the strongest year for inflows into stocks and corporate debt, Bank of America Merrill Lynch strategists said on Friday. |
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| U.S. Treasury pushes back on bank-like rules for asset managers, insurers | | | WASHINGTON (Reuters) - The U.S. Treasury on Thursday rejected the idea of singling out specific asset management and insurance firms as systemically risky, indicating that they are unlikely to be designated as “too big to fail” and slapped with additional oversight under the administration of President Donald Trump. |
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