Global Markets

Oliver Wyman sees industry's costs rising $1B.

Oliver Wyman sees industry's costs rising $1B.

Experts say cuts may either have to be shallow or short-lived.

Experts say cuts may either have to be shallow or short-lived.

Greenback is a loser this year against all 16 major currencies.

Greenback is a loser this year against all 16 major currencies.

UK regulators announcement last week seen speeding the process of replacing the benchmark.

Replacing the benchmark is part of an ongoing global reform effort.