Governance/Regulation & Compliance

European Central Bank cuts forecasts for 2013 growth, inflation.

Former employee tells SEC the bank misrepresented portfolios value from 2007 to 2010.

Downgrade is a response to Greek bond buyback, rating agency says.

A few dozen Republicans join a bipartisan call to break the impasse over taxing high earners.

Rate to decline to 21% in April 2014; banks not allowed to benefit.

Post crisis, the financial industry runs up against stricter national regulations.