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Hunt for yield puts borrowers in the driver's seat.
Rules could require more than $790B in collateral; U.S., Japan start Sept. 1
Investors' hunt for yield means demand eclipses supply in the leveraged loan market; some borrowers are taking advantage by changing agreement terms.
Bank estimates move will affect 60 large institutional clients.
Embattled drugmaker's previous finance chief, Robert Rosiello, will remain with company in a development and strategy role.
