You are here

Revised swaps rule cuts collateral needed for affiliates

WashingtonWALL Street banks will escape billions of dollars in additional collateral costs after US regulators softened a rule that would have made their derivatives activities much more expensive.Two agencies approved a final rule on Thursday that will govern how much money financial firms must

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom