BATS Global Markets is close to settling a U.S. regulatory probe into Direct Edge's dealings with high-frequency trading firms for $15 million, the biggest fine ever given to an exchange operator, according to two sources familiar with the situation.
Morgan Stanley said on Tuesday it is responding to potential legal claims from government entities, including the U.S. Department of Justice and several state attorneys general over mortgage securities.
U.S. prosecutors did not present enough hard evidence to link a former top UBS AG (UBSN.VX) banker to subordinates' schemes to help wealthy Americans hide $20 billion in secret accounts from tax authorities, jurors from the trial told Reuters on Tuesday.
Britain, the United States and France have proposed that Islamist extremist group Ansar al-Sharia in Libya be blacklisted under the United Nations al Qaeda sanctions regime, diplomats said on Tuesday, speaking on condition of anonymity.
