WASHINGTON
Following last week’s approval of U.S. Senate bills that critics say would weaken a major financial reform law known as Dodd-Frank, watchdog groups here are cautioning that banks deemed “too big to fail” still pose a risk to U.S. and international economic security.
Afghanistan's Kabul Bank is back in the news, with the sentencing of two of its top executives to five years in prison for fraud. But being in the limelight - for good or bad - has been part of the bank's saga since its inception in 2004.
The world's nuclear weapons industry is being funded - and kept alive - by more than 300 banks, pension funds, insurance companies and asset managers in 30 countries, according to a new study.
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