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France Threatens To Blacklist Austria On Bank Secrecy


Austria hit back at critics of its banking secrecy on Thursday by urging Britain and the United States to crack down on money laundering and in their own backyards, as EU ministers prepared to debate the issue in Dublin.

Dodd-Frank 'Written in Anger,' Needs Fixing

Wall Street Sign

Wall Street regulations crafted after the financial crisis were written quickly during turbulent times and need to be changed, Thomas Donohue, president and CEO of the U.S. Chamber of Commerce, told CNBC.

How High-Speed Trading Is About To Get Speedier

Relax Speed - Josh Klute

According to Albert Einstein, the speed of light is the fastest speed there is. But for some Wall Street traders the speed of light-at least as it travels through a fiber-optic cable-just isn't fast enough anymore.