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By Silla Brush and Jim Brunsden, Bloomberg |
May 7, 2013
U.S. regulators face renewed pressure from congressional lawmakers to ease Dodd-Frank Act derivatives requirements amid mounting criticism from Wall Street and overseas officials that the rules overreach.
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By Andrew Harris |
May 6, 2013
Several banks have restrained market competition for credit default swaps, a union pension plan claims.
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By Lukanyo Mnyanda and John Detrixhe, Bloomberg |
May 6, 2013
The yen fell for a third day, trading at almost 100 per dollar, as a decline in the U.S. jobless rate to a four-year low fueled optimism that growth is gathering pace and reduced demand for Japan’s currency as a haven.
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By Cheyenne Hopkins |
April 25, 2013
U.S. House derivatives legislation designed to roll back some Dodd-Frank Act requirements will face resistance from Senate Democrats.
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By Steve Matthews and Jeff Kearns |
April 25, 2013
Debate among Federal Reserve policy makers is shifting away from the timing of a reduction in bond buying to the need to extend record stimulus as inflation cools and 11.7 million Americans remain jobless.
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By Cheyenne Hopkins |
April 24, 2013
More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
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By Donal Griffin |
April 24, 2013
Citigroup's CEO said the bank manages risks in a way that would avert multibillion-dollar losses like those suffered by JPMorgan.
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By Abigail Moses |
April 22, 2013
Investors are reviving credit derivatives trades they used to boost returns before the financial crisis.
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By Nikolaj Gammeltoft and Cecile Vannucci, Bloomberg |
April 22, 2013
U.S. equity volatility rose the most in almost four months last week after unexpectedly slow growth in China and a selloff in commodities triggered the biggest stock-market drop since November.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
