U.S. regulators said to have decided to offer banks a lucrative concession that would remove collateral requirements on swaps trades with overseas affiliates.
U.S. regulators said to have decided to offer banks a lucrative concession that would remove collateral requirements on swaps trades with overseas affiliates.
After weeks of hand-wringing among investors, borrowers, and analysts, the Federal Reserve decided to continue to delay its first interest rate increase in seven years.