Morning Scan: Takeaways Vary on Liquidity Rules; More Prosecutors He...
09/04/14
Receiving Wide Coverage ...
Parsing the New Liquidity Rule: The newspapers had very different takes on a new liquidity rule requiring large banks to hold enough safe assets to survive at least 30 days in the event of a crisis. The Wall Street Journal says regulators "provided some relief to large U.S. banks" by allowing those with assets between $50 billion and $250 billion to calculate compliance with the rule on a monthly rather than daily...
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