Financial industry regulation

Britain's Prime Minister Theresa May leaves 10 Downing Street to make a statement to the Houses of Parliament in London, Tuesday, Feb. 26, 2019. (AP Photo/Matt Dunham)
February 26, 2019 - 10:48 am
LONDON (AP) — The Latest on Britain's negotiations to leave the European Union (all times local): 6:15 p.m. The British government says most businesses have not adequately prepared for the possibility of the country leaving the European Union without a divorce agreement. The Department for Exiting...
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FILE - In this June 14, 2018, file photo, Tesla CEO Elon Musk speaks at a news conference in Chicago. Stock market regulators are asking a federal court to hold Musk in contempt for violating an agreement requiring him to have his tweets about key company information reviewed for potentially misleading claims. The request made Monday, Feb. 25, 2019 in New York resurrects a dispute between the Securities and Exchange Commission and Musk that was supposed to have been resolved with a settlement reached five months ago. (AP Photo/Kiichiro Sato, File)
February 26, 2019 - 9:50 am
DETROIT (AP) — Tesla CEO Elon Musk has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court. U.S. District Judge Alison Nathan issued an order Tuesday after federal securities regulators asked the court to hold Musk in contempt for violating the...
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February 25, 2019 - 5:12 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk's tweeting habits have triggered another legal challenge from stock market regulators worried about him using his Twitter account to mislead investors. The latest dust-up emerged late Monday when the Securities and Exchange Commission asked a federal court...
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February 25, 2019 - 1:20 pm
ROME (AP) — A court in Italy's capital convicted a former Rome mayor of corruption and illegal financing Monday and sentenced him to six years in prison and a lifetime ban on holding public office. Prosecutors had alleged that far-right politician Gianni Alemanno received nearly 300,000 euros ($345...
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Former CEO of Global Wealth Management and Business Banking at UBS AG Raoul Weil leaves the Paris courthouse in Paris, France, Wednesday, Feb. 20, 2019. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. (AP Photo/Michel Euler)
February 20, 2019 - 11:11 am
PARIS (AP) — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, sending a stern warning to tax dodgers and the banks that aid them. The Paris court convicted Zurich-based UBS...
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FILE -- In this Tuesday, Sept. 18, 2018 photo the 'wirecard' company headquarters is pictured in Ascheim, Germany. Germany's financial market regulator has issued a two-month ban on short-selling shares in Wirecard AG, whose stock has swung sharply in recent months. (Peter Kneffel/dpa via AP)
February 18, 2019 - 9:38 am
BERLIN (AP) — Germany's financial market regulator issued a two-month ban Monday on short-selling shares of payment service provider Wirecard AG, whose stock has swung sharply in recent months. The regulator said creating new net short positions or increasing existing net short positions in...
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Yellow vest protesters march during a protest in Paris, Sunday, Feb. 17, 2019. French yellow vest protesters are marking three months since the kickoff of their anti-government movement, as anti-Semitic remarks by some demonstrators have raised national concern about the movement's ascendant radical fringe. (AP Photo/Thibault Camus)
February 17, 2019 - 2:21 pm
PARIS (AP) — An upsurge in anti-Semitism in France reached a climax this weekend with a torrent of hate speech directed at a distinguished philosopher during a march of yellow vest protesters, adding to questions about the radicalized fringes of the movement hidden within French society and...
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A man protests holding a banner reading in Spanish "The elder people without their pension" outside a BBVA bank building in Madrid, Spain, Friday, Feb. 15. 2019. Hundreds of Chinese have protested outside a Spanish bank's premises in Madrid, claiming they are being denied access to their accounts while the bank insists it is obeying money-laundering laws. (AP Photo/Andrea Comas)
February 15, 2019 - 5:23 am
MADRID (AP) — Hundreds of Chinese have protested outside a Spanish bank in Madrid, claiming they are being unfairly denied access to their accounts while the bank insists it's merely complying with money-laundering laws. Spanish media report that the protesters are demanding access to their money...
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FILE - In this Dec. 3, 2018, file photo, a vehicle rests in front of a home leveled by the Camp Fire in Paradise, Calif. Two statewide officials want California to take out insurance to help cover taxpayers' costs in bad wildfire seasons. Insurance Commissioner Ricardo Lara and Treasurer Fiona Ma said Thursday, Feb. 14, 2019, that California should follow the lead of Oregon and the federal government, after outspending its emergency fund in seven of the last 10 years. (AP Photo/Noah Berger, File)
February 14, 2019 - 3:51 pm
SACRAMENTO, Calif. (AP) — California should get insurance to help cover taxpayers' costs in bad wildfire seasons, a solution that could help stem losses as climate change contributes to more destructive blazes, two state officials said Thursday. The most populous state should follow the lead of...
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FILE- In this Oct. 23, 2018, file photo, students walk on the campus of Miami Dade College, in Miami. The nine companies and organizations tasked with servicing the accounts of the nation’s 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report released Thursday, Feb. 14, 2019, by the Department of Education’s independent Inspector General’s office shows some borrowers weren’t getting the guidance and protection they needed as they sought the best plan for paying off their student loans. (AP Photo/Lynne Sladky)
February 14, 2019 - 1:17 pm
NEW YORK (AP) — The nine companies and organizations tasked with servicing the accounts of the nation's 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report...
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