WASHINGTON (Reuters) - Gary Gensler, who once supported market deregulation blamed for the recent financial meltdown, has been winning over members of Congress who had been skeptical of his ability to rein in Wall Street as the top U.S. futures regulator. A former partner at Goldman Sachs, Gensler has quickly become a go-to guy for Congress as it navigates a ...

ORLANDO, Florida (Reuters) - The U.S. Senate Banking Committee will remove a provision from the financial reform bill that bank regulator Sheila Bair said could allow for "backdoor bailouts," a panel spokeswoman said on Friday. Sheila Bair, chairman of the Federal Deposit Insurance Corp, told a conference of community bankers earlier on Friday that the agency had "serious concerns" about ...

Leading shares rose in opening deals on Friday, following strong overnight performances in Asia and mixed results on Wall Street. The FTSE 100 index of top shares was up 0.32 percent at 5,660.44 points at the open.

As reeling banks and other financial institutions reached out with one arm to accept hundreds of billions of dollars in bailout money from American taxpayers last year, they reached out with the other to give their workers billions of dollars in bonuses. Despite the outrage expressed by people across the ...