Antitrust penalties rose to a record in Asia last year as watchdogs got tough on cartels and bid-rigging, emboldened by maturing competition laws across the region and growing government clampdowns on corruption.
Under pressure from its U.S. regulator, Bank of America has shifted its compliance group from its legal department to its risk oversight group, a source familiar with the matter said.
Police are hunting three French nationals, including two brothers from the Paris region, after suspected Islamist gunmen killed 12 people at a satirical magazine on Wednesday, a police official and government source said.
Republicans in the House of Representatives are pursuing a strategy to choke off funding for President Barack Obama's recent immigration order that could force a shutdown for parts of the Department of Homeland Security.
