Global banks, funds call for more capital from derivatives clearinghouses
Four global banks and five big
fund managers called on international regulators on Thursday to
require for-profit derivatives clearinghouses to put up more of
their own capital to protect against cascading losses that could
rock the world financial system.
fund managers called on international regulators on Thursday to
require for-profit derivatives clearinghouses to put up more of
their own capital to protect against cascading losses that could
rock the world financial system.
Posted by Reuters
