HELSINKI (Reuters) - The European Central Bank must keep an open mind on all policy tools, including buying asset-backed securities (ABS), to get lending flowing to small businesses, Governing Council member Erkki Liikanen said on Tuesday.Full story
NEW YORK (Reuters) - SIFMA, the U.S. securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress. Full story
NEW YORK (Reuters) - SunTrust Banks Inc <STI.N> won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities. Full story
CNBC's Mary Thompson has the latest details on the surrender of Matthew Taylor to FBI agents following a securities fraud probe.
Libor has been called the "world's most important number," since it provides the base rate off which some $500 trillion of securities are priced each year. More on the libor investigation in Europe and the U.S., with CNBC's Kayla Tausche.
The Fed will buy $40 billion in mortgage-backed securities a month, with CNBC's Steve Liesman.
The New York Fed sells the remainder of its Maiden Lane III securities, reports CNBC's Mary Thompson. The government says it has made a profit of $6.6 billion in the transaction.
CNBC's Kate Kelly reports Chesapeake Energy is listed as the fourth biggest securities position in Third Point's June report.
Securities research analyst John Kinnucan
Australian Securities and Investments Commission Chairman Greg Medcraft speaks during the Asian Financial Forum in Hong Kong January 14, 2013. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS POLITICS)
