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World's biggest banks may need to come up with as much as $870 billion to comply with upcoming capital rules.
Federal fund futures indicate most investors think interest rates won't rise until after September 2015.
Proposal involves non-deliverable forwards, which aren't covered by the Treasury exemption for FX forwards and swaps.
U.S. leads the recovery, but organization warns of slowing growth in Europe and "frothy" stock markets.
U.S. leads the recovery, but organization warns of slowing growth in Europe and "frothy" stock markets.
Financial messaging network rejects political pressure to disconnect nations from the network, claims no authority to make sanctions decisions.
As capital flees Russia and the ruble drops, the RMB continues to climb the ranks of most-traded currencies.