Robert Khuzami, enforcement director of the U.S. Securities and Exchange Commission, says he is stepping down after four-years.
Cuts coming in its institutional securities business, with half in the U.S.
The package of stimulus measures to combat Japan's decade-long problem with deflation could be announced this week.
Settlement resolves protracted legal battle with Fannie Mae over sour mortgages many of which were originated by Countrywide, the lender acquired by BofA in 2008.
Central bank agree to ease and delay planned Basel III global bank liquidity regulations.
Court imposes far lighter sentences than prosecutors sought.
Shares down 14% after Spain's bank rescue fund assigns the troubled lender a negative valuation.
London Stock Exchange agrees to buy the European clearing house for $132 million less than the original price.
Forestalling further litigation should mean customers of failed futures brokerage may get more of their money back.
Combination would be latest move in consolidation of global derivatives trading markets.
