Several former policymakers have joined virtual currency firms as directors or advisers, but the trend carries risks for officials and consumers alike if these companies stumble.
A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients.
Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices.
The central bank is mulling measures to broaden the number of banks receiving reg relief; Lisa Stevens was a top deputy to the former retail chief during the phony accounts scandal.
Large retailers want the right to reject rewards cards at the point of sale to avoid higher swipe fees; Germany's financial regulator appoints an auditor to monitor the Deutsche Bank's progress.
The Danish bank found more than $200 billion of suspicious deals at its Estonian branch; merchants can opt out of the deal as another case on network rules continues.
