Massachusetts Democratic Senator Elizabeth Warren is one of four senators who recently introduced the 21st Century Glass-Steagall Act, which, like the original 1933 statute, would separate commercial ... more 
Massachusetts Democratic Senator Elizabeth Warren is one of four senators who recently introduced the 21st Century Glass-Steagall Act, which, like the original 1933 statute, would separate commercial banking from investment banking in order to reduce big bank risks. Britain's fraud prosecutor charged two former brokers at interdealer broker RP Martin with conspiracy to defraud, stepping up its investigation into the rigging of Libor benchmark interest rates. Germany's second-largest bank is selling its British real-estate financing business, including 5 billion euros ($6.5 billion) in loans, to a consortium of Wells Fargo and Lone Star Funds. less 
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Wochit
Tue, Jul 16, 2013 9:40 AM EDT