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Thermo Fisher is projecting global tax rate under 3%, but executive says U.S. tax system makes it hard to compete overseas.
Regardless of when the Fed raises rates, demand for U.S. Treasuries is likely to stay strong.
Chairman Massad expects to finalize a rule by midyear 2015, with a 'slight delay' in the implementation timetable.
Memo suggests institutional clients will be charged for certain deposits due to new capital requirements.
Amid sluggish consumer borrowing, bank holdings of Treasuries have surpassed $2 trillion.
Greece's offer doesn't meet euro region's conditions, Germany says.