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By Marlene Y. Satter, AdvisorOne |
August 28, 2012
The ECB is advocating a looser standard on eligibility of assets that can be used to satisfy a draft liquidity rule from the Basel banking committee, over concerns that the current definition is too restrictive on credit in the midst of the financial crisis.
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By Joyce Hanson, AdvisorOne |
February 21, 2012
U.S. economic improvement, housing market stability and strong corporate profits have contributed to the stock market’s solid performance in 2012 as the Dow hits a four-year high.
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By Marlene Y. Satter, AdvisorOne |
October 14, 2011
Fitch Ratings cut the long-term issuer default ratings of three major banks late Thursday, and warned that more than a dozen more may see their ratings cut as well as it put them on a negative watch.