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FASB’s dropping fair-value model eased convergence process, Hoogervorst says.

Rollover would trigger default, S&P says, but it might be temporary.

Rollover would trigger default, S&P says, but it might be temporary.

Loans to local governments may weigh on banks, Moody's say.

Loans to local governments may weigh on banks, Moody's say.

Pressure increases on policy makers to delay further rate increases.

Pressure increases on policy makers to delay further rate increases.

Former president favors repatriating offshore profits with conditions.