H.K., E.U. Oppose Swaps Spin-offs

08 Jun 2010

Regulators from Hong Kong and the European Union said they oppose internationalizing a U.S. proposal that would force commercial banks to spin off their swaps desks as reported in Derivatives Week.

Regulators from Hong Kong and the European Union said they oppose internationalizing a U.S. proposal that would force commercial banks to spin off their swaps desks as reported in Derivatives Week. The proposal, which is even opposed by many in the U.S., would result in companies moving ...

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