Global Business & Emerging Markets

Obscure change in derivatives contracts under development by ISDA would require a 'stay' preventing trading partners from calling in collateral when a bank nears failure.

Default on Argentina's bonds may trigger $29 billion in claims, as much as all its foreign-currency reserves.

Financial Stability Board suggests basing rates on trade data rather than estimates.

Regulator was critical of agencys efforts to rein in global swaps market.

More and more businesses are settling transactions in the currency.

Global regulators ponder options for preventing manipulation of WM/Reuters benchmark rates.