Nomura Holdings Inc
will pay $26.5 million to settle U.S. Securities and Exchange
Commission charges that it failed to properly supervise five
former traders who lied to customers about mortgage bond prices.
Citigroup Inc beat analysts'
estimates for quarterly profit on Monday as a tight lid on costs
and strength in consumer lending helped the third-largest U.S.
bank counter weakness in its trading business.
Two of Israel's largest
banks, Bank Hapoalim and Israel Discount Bank
, named new chief executives on Monday after a wave of
resignations in the country's finance industry that followed
legislation capping salaries.
Facebook Inc's top
official overseeing the launch of its Libra cryptocurrency plans
to tell U.S. lawmakers the company will not launch the digital
currency until regulatory concerns and approvals are fully