WASHINGTON, June 18 (Reuters) – M&T Bank Corp will
put a comprehensive plan in place to fix problems with its
anti-money laundering policies that had caused regulators to put
a hold on its $3.7 billion bid to buy Hudson City Bancorp.

Buffalo, New York-based M&T Bank will submit a plan to the
U.S. Federal Reserve to improve its monitoring and reporting of
suspicious activity, the regulator said.

WASHINGTON (Reuters) – A top U.S. banking regulator called Deutsche Bank’s capital levels “horrible” and said it is the worst on a list of global banks based on one measurement of leverage ratios.

“It’s horrible, I mean they’re horribly undercapitalized,” said Federal Deposit Insurance Corp Vice Chairman Thomas Hoenig in an interview. “They have no margin of error.”

WASHINGTON, June 14 (Reuters) – A top U.S. banking regulator
called Deutsche Bank’s capital levels “horrible” and
said it is the worst on a list of global banks based on one
measurement of leverage ratios.

“It’s horrible, I mean they’re horribly undercapitalized,”
said Federal Deposit Insurance Corp Vice Chairman Thomas Hoenig
in an interview. “They have no margin of error.”

WASHINGTON (Reuters) – Democratic Senator and Wall Street critic Elizabeth Warren is urging federal regulators to “show some backbone” and stick to their proposal for how new derivatives rules will apply to foreign banks who do business with U.S. companies.

“If the Commodity Futures Trading Commission moves in the wrong direction here, it could create loopholes that the big banks will be able to drive a truck through,” Warren said in an interview with Reuters on Thursday.

WASHINGTON, June 12 (Reuters) – The top U.S. derivatives
regulatory agency is facing a leadership shake-up just as it
deals with some of the thorniest issues in its overhaul of rules
for Wall Street, lobbyists and people inside the agency say.

Chris Giancarlo, a senior manager at New-York based
derivatives broker GFI Group Inc, is expected to be
nominated as a commissioner at the Commodity Futures Trading
Commission, the people said.

WASHINGTON (Reuters) – The top U.S. derivatives regulator won a legal victory over Bloomberg LP late on Friday when a court dismissed a case the data vendor had filed that claimed a new rule on trading swaps would hurt its business.

Bloomberg is one of a dozen or so providers launching a platform on which to trade swaps, as regulators across the world crack down on the $630 trillion market to prevent a repeat of the 2008 financial crisis.

WASHINGTON, June 8 (Reuters) – The top U.S. derivatives
regulator won a legal victory over Bloomberg LP late on Friday
when a court dismissed a case the data vendor had filed that
claimed a new rule on trading swaps would hurt its business.

Bloomberg is one of a dozen or so providers launching a
platform on which to trade swaps, as regulators across the world
crack down on the $630 trillion market to prevent a repeat of
the 2008 financial crisis.

WASHINGTON, June 6 (Reuters) – U.S. regulators on Thursday
charged a Cyprus-based company with illegally selling financial
contracts to U.S. clients, the latest crackdown on online
betting after Dublin-based Intrade was forced to cease trading.

The Commodity Futures Trading Commission and the Securities
and Exchange Commission both filed lawsuits against Banc de
Binary Ltd., saying it offered investments known as binary
options that enable investors to bet on market prices.

WASHINGTON (Reuters) – The top derivatives regulator urged closing a legal loophole for offshore hedge funds, warning it threatened to undo a deep overhaul of Wall Street after the credit meltdown.

The Commodity Futures Trading Commission requires hedge funds to send their trades of complex financial instruments through clearinghouses, traffic control centers that stand between buyers and sellers.

WASHINGTON, June 6 (Reuters) – The top U.S. derivatives
regulator urged closing a legal loophole for offshore hedge
funds, warning it threatened to undo a deep overhaul of Wall
Street after the credit meltdown.

The Commodity Futures Trading Commission requires hedge
funds to send their trades of complex financial instruments
through clearinghouses, traffic control centers that stand
between buyers and sellers.