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.

Report from FSB indicates banks and regulators need to do better in assessing liquidity needs and determining how creditors can help a failing bank.