Shorter wait: China's M&A watchdog halves time taken to approve deals

HONG KONG, Oct 21 - China's M&A watchdog is getting much faster at approving both domestic and foreign deals, cutting legal costs for companies and marking a shift in the outlook of a regulator that has been a thorn in the side of bankers since its creation.

Industrials, 5:00pm EDT

U.S. Congress examining deal between NSA official, ex-agency chief

WASHINGTON, Oct 20 - A Senate committee and an outspoken U.S. Congressman are seeking further information about a deal under which a top National Security Agency official is being permitted to work part-time for a private company run by the spy agency's former director.

4:59pm EDT

UPDATE 3-Sears turns to CEO again for cash to boost confidence

(Adds analyst comments and background, updates share price)

More bank pay should be in debt, deferred for 10 years -Fed's Dudley

Oct 20 - Banks should defer bonus payments for 10 years and make employees bear the brunt of legal fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis.

Regulatory News, Markets, 4:35pm EDT

Canadian sues SEC to stop Herbalife insider trading case

NEW YORK, Oct 20 - A Toronto man accused by the U.S. Securities and Exchange Commission of insider trading related to Herbalife Ltd on Monday sued the federal regulator agency to stop it from pursuing its case.

Berkshire Hathaway Inc $205,850.00 +0.17%
Wells Fargo & Co $49.18 +1.01%
JPMorgan Chase & Co $56.63 +0.77%


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