Wells Fargo (WFC.N) Chief Executive Tim Sloan is due to testify before Congress on Oct. 3 as the bank deals with fallout from a sales scandal a year ago that continues to spark new revelations. Sloan will appear before the Senate Banking Committee, which writes rules for his...
Saudi Arabia has assured Russia that it supports a gradual process of negotiating local cease-fires and setting up "de-escalation zones" in Syria, Russia's foreign minister said Monday, a day after meeting with Saudi leaders. Russia and Iran, Saudi Arabia's main regional foe, back...
China’s regulator on Friday published draft rules that would restrict financing businesses using stocks as collateral. The draft rules on the so-called stock pledged repurchase business, published by the Shanghai and Shenzhen stock exchanges, will curb leverage and are aimed at...