Basel Committee announces revised standard for measuring large exposures
To qualify, investors must execute at least 150 commission-generating trades during the previous quarter
Small banks could benefit from the extension more than larger banks
Scope extended to trading venues such as multilateral trading facilities and over-the-counter (OTC) markets
The combined company will have almost US$800 billion in AUM
As events occur more frequently, infrastructure damages will put a major strain on productivity and savings
Guidelines aim to provided clarity about the best practices in respect of residential mortgage insurance underwriting
Letter to G20 says difficult decisions still ahead to reform global financial system
E-services are still expected to resume over the weekend
U.S. government resources available to help financial institutions