ABU DHABI / WAM First Abu Dhabi Bank (FAB) has joined the International Advisory Council ...
Read More »Banks face billions in collateral needs under EU swap rules
Bloomberg Europe’s biggest banks will need billions of dollars to meet collateral requirements for derivatives starting this year under the latest version of a key rule that seeks to reduce risk. The standards, which will be phased in from September, may require EU buyers and sellers of swaps to set aside between 200 billion euros ($220.5 billion) and 420 billion ...
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