The National Credit Union Administration Board filed suit against HSBC Bank USA, alleging it did not fulfill trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday.
Citigroup Inc said it has been authorized by a U.S. judge to process two Argentine debt payments, the bank said, which could ease tensions between the bank and the default-hit nation.
Lee Kuan Yew, a towering figure in post-colonial Asia, oversaw tiny Singapore's transformation from British tropical outpost to an affluent, global city in just over a generation, setting the example for developing economies from China to Dubai.