U.S. and British regulators are in a plan to settle the Deutsche Bank AG (DBKGn.DE) Libor case in the next few months as they hope to extract major penalties from the bank for alleged manipulation of the benchmark interest rate, The Wall Street Journal reported, citing sources.
President Barack Obama gathered the top U.S. market regulators at the White House on Monday and urged them to look for ways to tailor rules based on financial firms' size and complexity.
The White House defended Vice President Joe Biden on Monday after he was forced to call leaders in Turkey and the United Arab Emirates to apologize for remarks he made suggesting they had supported Islamist militants in Syria.
Police in Fort Lauderdale, Florida and Minneapolis arrested two professional football players on trespassing and other charges, authorities and local media reported Sunday.
