Share
Share today's newsletter with a colleague
and get credit if they sign up for SmartBrief.
Referral Count:
0
Story being shared
U.S. banks help offshore clients sidestep derivatives rules
Wall Street banks are telling foreign clients that they can sidestep upcoming U.S. rules on over-the-counter derivatives by routing their trades through their overseas subsidiaries rather than through parent banks, sources say. The detour could eventually be shut down by foreign regulators.
Reuters (12/2)
Or we can send an email on your behalf