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UBS Financial Services, a subsidiary of UBS Group AG (UBSG.S), has agreed to pay more than $15 million to settle charges it failed to adequately train its sales force about key aspects of certain complex financial products it sold...

The U.S. Securities and Exchange Commission on Wednesday said it would adopt rules to strengthen the regulatory framework for clearing agencies deemed systematically important or that are involved in complex transactions, such as security-based swaps. Clearing agencies act as a...

National Amusements Inc (NAI), the controlling shareholder of CBS Corp (CBS.N) and Viacom Inc (VIAB.O), is preparing to call on the two media companies to explore a merger, two people familiar with the matter said on Wednesday. NAI may contact...

The Federal Reserve is considering changes to the annual stress tests it gives U.S. banks to move to a more risk-sensitive, firm-specific approach that would raise capital requirements for big banks based on their test results, according to its...

Vladimir Putin appears politically invincible after Russia's ruling party won its biggest ever parliamentary majority this month. But he faces an increasingly pressing dilemma: How best to ensure the survival of a system built around himself. With a presidential election...

A landmark nuclear accord sealed last year between Iran and six world powers will not be in danger if Donald Trumps wins the U.S. presidential election in November, the head of Iran's Atomic Energy Organization said on Wednesday. Republican presidential...

Malaysia Airlines flight MH17 was shot down by a missile fired from a launcher brought into Ukraine from Russia and located in a village held by pro-Russian rebels, international prosecutors said on Wednesday. The findings counter Moscow's suggestion that the...

SAN FRANCISCO, September 28, (THEWILL) - The House of Representatives on Wednesday suspended a former chairman of the Appropriations Committee, Abdulmumin Jibrin for a period of 180 legislative sitting days, over an alleged breach of the privileges of members...

SAN FRANCISCO, September 28, (THEWILL) - Alicia Machado says that when she gained weight after being crowned Miss Universe for 1996, Donald Trump labeled her with a sexist nickname — "Miss Piggy" — that caused her shame and humiliation. Two...

SAN FRANCISCO, September 28, (THEWILL) - Governor Adams Oshiomhole of Edo state on Wednesday took the candidate of the Peoples Democratic Party, PDP, in the ongoing governorship election in the state, Pastor Osagie Ize-Iyamu, to the cleaners, stating that...