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DealBook: Rising Bank Profits Tempt a Push for Tougher Rules

Steady earnings growth on Wall Street could embolden the lawmakers and regulators who want to overhaul the banking system.

 

Google and privacy: 6 EU countries take action

Google - AP

Regulators in Google's largest European markets are taking joint action to try and force the company to overhaul its privacy policy.

 

Insight: Boeing 787 battery woes put FAA approval under scrutiny

Beoing 787

In 2007, U.S. regulators cleared Boeing's use of a highly flammable battery in the 787 Dreamliner, deciding it was safe to let the lithium-ion battery burn out if it caught fire mid-air as long as the flames were contained, and smoke and fumes vented properly, according to documents reviewed by Reuters.

 

HSBC to pay $249 million to end foreclosure reviews

HSBC Holdings Plc agreed to pay $249 million to end a case-by-case review of past foreclosures in the U.S., regulators announced on Friday.

 

FAA to launch comprehensive review of Boeing 787

Boeing 787

Federal regulators say they are ordering a comprehensive review of the critical systems of Boeing's 787s, the aircraft maker's newest and most technologically advanced plane, after a fire and a fuel leak earlier this week....

 

FTC ends long Google probe with mild reprimand

U.S. regulators on Thursday closed a long-running investigation of Google with a relatively mild agreement that is likely to disappoint rivals and critics of the Web search giant. Under the agreement, Google agreed to end the practice of "scraping" reviews and other data from rivals' websites for its own products, and to allow advertisers to export data to independently evaluate advertising campaigns, the Federal Trade Commission said.

 

U.S. bank regulators to vote on final stress test rule

U.S. bank regulators are set to vote on a plan requiring banks with more than $10 billion in assets to conduct annual stress tests to determine if they can withstand a financial shock.

 

Money-Laundering Inquiry Said to Target U.S. Banks

JP Morgan Chase

Regulators, led by the Office of the Comptroller of the Currency, are said to be close to taking action against JPMorgan Chase for insufficient safeguards.

 

AP IMPACT: Regulator barks, industry shudders

The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far....

 

SEC Pays $50,000 in First Whistleblower Award

The Securities and Exchange Commission has paid its first award under a new program designed to spur people to tip off the regulator to large frauds.

 

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