Us Senate Banking Committee

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  Credit Suisse Hid Over $700 Million From US Department Of Justice: Senate

  Embattled Swiss banking giant Credit Suisse has failed to disclose more than $700 million in previously undeclared accounts since 2014, in violation of a plea deal with the US Department of Justice, a Senate committee said Wednesday.

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  Facebook Called Before US Senate Panel Over Libra Cryptocurrency Project

  Facebook’s plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.

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  Facebook Called Before US Senate Panel Over Digital Currency Project

  Facebook's plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.

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  As Bitcoin Plunges, US Senate Again Focuses on Virtual Currencies

  The US Senate Banking Committee will question SEC and CFTC heads over how to better regulate Bitcoin and other cryptocurrencies.

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  Yellen Flags Rate Hikes on 'Meet by Meet' Basis

  The Federal Reserve is preparing to consider interest rate hikes "on a meeting-by-meeting basis", Fed Chair Janet Yellen told a congressional committee on Tuesday, a subtle shift of emphasis that helps lay the groundwork for the Fed's first rate hike since 2006.

• Global Stocks Gain on Federal Reserve, ECB Comments

  Stock markets around the world jumped on Thursday, lifted by supportive comments from central banks in both Europe and the United States.

• US lawmakers call for tighter sanctions on Russia

  Two members of the US Senate Foreign Relations Committee called Sunday for tougher Western sanctions against Russia to include its petrochemical and banking industries and warned that Moscow thus far has ignored US and European efforts to persuade it to back off its confrontation with Ukraine.

• Janet Yellen clears first Senate hurdle to become next Fed chair

  The US Senate Banking Committee on Thursday approved Janet Yellen's nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final vote.

• Wall Street ends at new highs, Exxon Mobil leads Dow

  The Dow and the S&P 500 hit new highs on Friday for a sixth straight week of gains, as investors continued to take cues from Federal Reserve Chair nominee Janet Yellen, who told a Senate Committee it was too early to end the central bank's stimulus.

• Yellen says stronger job growth a Fed imperative

  Answering questions before the Senate Banking Committee, Yellen made plain she would press forward with the Fed's ultra-easy monetary policy until officials were confident a durable economic recovery was in place that could sustain job creation.

• Walmart lobbying: Panel probing charges to submit report by April

  A government-appointed committee, that is probing into media reports on disclosures of Walmart in the US regarding its lobbying activities and whether the retail giant undertook any activity in India in contravention of law, will submit its report by April.

• Bernanke says Fed stimulus benefits clear, downplays risks

  Federal Reserve chairman Ben Bernanke strongly defended the US central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible early retreat from bond purchases.

• Gold gains most in three months as Bernanke defends policy

  Gold rose 1.3 per cent on Tuesday, its biggest one-day gain in three months, as Federal Reserve chairman Ben Bernanke's defence of US bond-buying stimulus boosted bullion's inflation-hedge appeal.

• Bernanke to face Fed critics in testimony to Congress

  Federal Reserve chairman Ben Bernanke faces the first of two days of congressional testimony that will subject the Fed's controversial bond-buying program to tough scrutiny and gauge his confidence in the resilience of the US economy.

• India to investigate alleged HSBC lapses in checking money-laundering

  HSBC is being investigated by the Reserve Bank of India after a US senate committee said the bank's Indian staff mishandled checks to ensure the global banking giant was following norms that guard against money-laundering and terror-funding.