A leading Wall Street regulator on Friday voiced concerns over the U.S. Labor Department's plan to reduce conflicts at brokers offering retirement advice, saying some aspects of it do not accurately reflect how brokers operate.
U.S. authorities are on course to reach multi-billion-dollar agreements with five major banks over allegations of foreign exchange market rigging as soon as the second half of May, people familiar with the matter told Reuters on Friday.
U.S. prosecutors said Friday their efforts to extradite from Spain a former JPMorgan Chase & Co executive charged in connection with the bank's $6.2 billion "London Whale" scandal had hit a dead end.
Russia criticized Western and Arab members of the U.N. Security Council on Friday for paying "lip service" to humanitarian needs in Yemen after the council was unable to agree on a Russian-drafted statement calling for pauses in fighting to allow delivery of aid.
