Weiqi Zhu, an equity derivatives trader in Hong Kong, is one of an increasing number of financial sector employees from mainland China who are dominating the city's banking sector.
Large German bank KfW says it quickly recovered money it had mistakenly sent to four other banks. Here, one of its Berlin offices is seen in a 2015 photo.
ullstein bild/ullstein bild via Getty Images
Wall Street financier Steve Mnuchin is being considered to serve as Treasury secretary under Donald Trump. Mnuchin assembled investors who bought IndyMac, a failed bank that had been taken over by the FDIC.
Sen. Chris Dodd and Rep. Barney Frank celebrate as their Dodd-Frank banking regulation bill is signed into law in 2010. President-elect Donald Trump has said he is interested in doing away with it.
Charles Dharapak/ASSOCIATED PRESS
Consumer Financial Protection Bureau Director Richard Cordray says financial firms use arbitration to "sidestep the legal system [and] avoid accountability." But industry officials say a proposed ban on mandatory arbitration clauses will lead to frivolous legal action.
A pedestrian walks past the building housing the offices of Mossack Fonseca in Panama City, Panama, on Tuesday. The massive trove of emails, contracts and other papers from the law firm is being called the largest document leak in history.
Bloomberg via Getty Images