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Financial Stability Oversight Council may designate funds as systemically important.

Anthony Piszel named finance chief at ProSight Specialty Insurance.

Anthony Piszel named finance chief at ProSight Specialty Insurance.

German auction raises less than target; Spain bonds gain

German auction raises less than target; Spain bonds gain

PE firm will sell stake of about 10% in offering targeted for early May.

PE firm will sell stake of about 10% in offering targeted for early May.

Consumers are using them rather than checking accounts, Javelin says.