Russian investment banks controlled by the government of President Vladimir Putin are squeezing out foreign competitors, helped by a bailout of the country’s richest men five years ago. . .

http://hereisthecity.com/2013/04/09/deutsche-and-ubs-being-squeezed/

The European Commission’s proposed financial transactions tax (FTT) “is a misguided   policy which would be severely detrimental to both European Union (EU) economies   and businesses,” ICAP CEO Michael Spencer has said. . .

http://www.tax-news.com/news/ICAP_Sounds_Warning_On_EU_Tobin_Tax____60370.html

Federal Reserve Chairman Ben S. Bernanke said the Fed plans to avert strains in the banking system by pushing financial companies to better manage liquidity risk and reduce reliance on wholesale funding. . .

http://www.bloomberg.com/news/2013-04-09/bernanke-says-fed-to-press-banks-to-curb-liquidity-risk.html

The Commodity Futures Trading Commission has issued subpoenas to ICAP brokers and as many as 15 Wall Street banks as part of an investigation into possible price manipulation of benchmark interest-rate swaps, according to people familiar with the matter./04/09/cftc-said-to-subpoena-icap-brokers-dealers-on-swap-prices . . .

http://hereisthecity.com/2013/04/09/cftc-said-to-subpoena-icap-brokers-dealers-on-swap-prices/

The US Senate has confirmed Mary Jo White as the new head of the Securities and Exchange Commission, the body that regulates Wall Street. . .

http://www.bbc.co.uk/news/business-22073302