* Japan's Securities and Exchange Surveillance Commission has recommended the country's Financial Services Agency to impose an administrative monetary penalty of ¥133.4 million on Citigroup Global Markets Ltd. for alleged market manipulation of 10-year Japanese government bond futures.
* Citigroup is aiming to expand its Asia Pacific wealth management client base by 10% in 2019, higher than the 8% growth it reported in the previous year, Reuters reports, citing Gonzalo Luchetti, the bank's head of consumer banking for Asia Pacific and EMEA.
* Harvey Schwartz, former president and co-COO of Goldman Sachs, has not been interviewed for the role of CEO of Wells Fargo, sources close to Schwartz told CNBC.
* Chicago-based asset manager Performance Trust Capital Partners is acquiring Banks Street Partners, an advisory-focused investment bank, in a deal expected to close in the second quarter.
* Federal Reserve Bank of Boston President Eric Rosengren said he supports shortening the average maturity of Treasury securities held in the central bank's balance sheet in preparation for the next recession, Bloomberg News reports.
* Following The Wall Street Journal's report on Greg Lindberg's alleged financial impropriety, the National Association of Insurance Commissioners is proposing a rule change that would close a loophole that allowed some insurers to hide related-party investments.
The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.