Reuters Money: Wells Fargo fails to end U.S. mortgage fraud lawsuit

	Click to View in Browser 09/25/2013 Wells Fargo fails to end U.S. mortgage fraud lawsuit NEW YORK/WASHINGTON (Reuters) - A federal judge has rejected Wells Fargo & Co's bid to dismiss a U.S. government lawsuit accusing the nation's largest mortgage lender of fraud, a victory for federal investigators pursuing cases tied to the recent housing and financial crises. Wall Street wistful about New York life without Mayor Bloomberg NEW YORK (Reuters) - When Michael Bloomberg steps down as New York City mayor at the end of the year, few constituencies will miss him as much as Wall Street. New York Life purchases Dexia asset management arm NEW YORK (Reuters) - After less than a week of negotiations, New York Life Investments announced Tuesday that it had agreed to purchase Dexia Asset Management for 380 million euro ($512 million). In divisive Washington, commission punts on long-term care CHICAGO (Reuters) - Why can't we all just get along when it comes to long-term care? Next bank stress test cycle to include Basel III: U.S. Fed WASHINGTON (Reuters) - U.S. banks must incorporate the strict new Basel III capital rules in the next set of the surveys of their financial health known as stress tests, the Federal Reserve said on Tuesday. Vilar co-defendant to seek new lawyer after U.S. suggests romance NEW YORK (Reuters) - Former money manager Alberto Vilar's co-defendant, Gary Tanaka, plans to seek a new lawyer after prosecutors said he may be in a romantic relationship with a lawyer who has been representing both men as they prepare to be resentenced for fraud. ETF providers position funds for rising interest rate environment NEW YORK (Reuters) - Exchange-traded fund companies are coming to market with a rash of new products and strategies designed to protect income investors from the dangers of rising interest rates. Heirs of wealthy, reclusive N.Y. heiress settle battle over will NEW YORK (Reuters) - Battling relatives and other beneficiaries on Tuesday resolved a dispute over the multimillion-dollar estate of Huguette Clark, one of America's wealthiest heiresses who died in New York City in 2011 at age 104. Exclusive: U.S. city, county public pension levels sank in 2012 - Wilshire (Reuters) - Funding levels for U.S. city and county public pension systems plummeted by 11 percentage points to 69 percent in fiscal 2012, pushed down by a poor performance of the stock market and ballooning liabilities, according to a report due to be released later on Tuesday. U.S. regulators call on banks to help spot abuse of older people WASHINGTON (Reuters) - U.S. regulators on Tuesday said banks may be positioned to identify older people who have fallen prey to financial scams and clarified that firms can report suspected abuse. Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Wall Street edges up at open as Washington eyed U.S., UK fines ICAP, charges former staff over Libor scam The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend