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The Federal Reserve told China Construction Bank Corp to do more to fight money laundering on Tuesday, in the first ever enforcement action by the US central bank against one of China’s four largest state-owned banks.

The rule was largely similar to when it was proposed in December, when the USA central bank said the banks would face a surcharge of between 1 percent and 4.5 percent of their assets.

Federal regulators are directing the eight biggest banks in the United States to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts. All told, the banks will need to hold roughly $200 billion...

The measure, to take effect on July 1, 2016, will apply to the nation’s top banks, namely Australia and New Zealand Banking Group, Commonwealth Bank of Australia (CBA), Macquarie Bank, National Australia Bank (NAB) and Westpac Banking Corp.

According to the survey, OPEC pumped more than 32 million barrels per day this month, up 140,000 bpd from June, reaching the highest monthly level in recent history. Russia, which is not part of OPEC but is the world’s top crude producer and depends heavily on energy...

In the second video, featuring Mary Gatter, Medical Director for Planned Parenthood Pasadena and San Gabriel Valley, she gives estimates for the cost of body parts.

“I’ve known [Hulk] a lot of years”, said Johnson. However, to put things into a little different perspective, The Rock would go on to remind everyone that, at one time or another, we’ve all said something judgmental or hurtful that we regret.

Profits were also hit by a £660 million charge against the bank’s sale of the 631-branch TSB to Spanish lender Sabadell. Underlying profit, which strips out costs such as the provision for PPI, increased to GBP4.38 billion from GBP3.82 billion, as revenue increased due to...

Earlier this week, public sector banks such as Punjab National Bank, Union Bank of India and Syndicate Bank had reported lower net profits due to a surge in bad loans or NPAs.

US cycling fitness chain SoulCycle, which is popular among A-list celebrities, has announced plans to float on the stock market. Cutler and Rice will serve as co-chief creative officers in SoulCycle Inc. until at least December 2018, and each will make $618,000 in 2015. In a...

However, the stock price could fluctuate by $ 6.57 from the estimate as it is suggested by the standard deviation reading. Company shares have received an average consensus rating of Hold for the current week Exxon Mobil Corporation has dropped 7.32% during the last 3-month...

In addition to stock markets, Greek banks were closed for three weeks, but then reopened on July 20. The bourse’s reopening has been delayed several times this week.

Three Chechen girls are under investigation after scamming ISIS recruiters over social media by convincing them to send money on the pretence that they would use it to travel to Syria.

The California Department of Transportation (Caltrans) is pleased to announce that Interstate 10 at Tex Wash Bridge will open to traffic on Friday, July 24, 2015 at noon.

In addition, the company also announced a few goals essentially refocusing its new hiring practice. It’s no secret, given the statistics, that the tech industry is generally dominated by white men, with 85% of the employees worldwide being male.