financial reforms News

IMF Says Benefits of Global Financial Reform Outweigh Costs

Tough new global financial rules will nudge up credit costs, but the slight drag they will place on major economies is worth it to achieve a more stable financial system, the International Monetary Fund said on Tuesday. In a study …

Financial Services Oversight Rules Possible This Week

The Federal Reserve is expected to release this week a highly anticipated proposal for how it will oversee the largest U.S. banks, a person familiar with the plan said on Monday. The proposal, which includes a group of rules such …