Funding & Business
Fed’s Powell on Importance of Bank Capital Framework
Federal Reserve Chair Jerome Powell underscored the need for the banking system’s capital framework to work together effectively, adding that competition is also crucial for the banking industry. Powell delivered introductory remarks Tuesday at the Fed’s “Integrated Review of the Capital Framework for Large Banks Conference.”
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As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world’s crude producing nations are set to pump.
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This is what your gold is for.
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A second tanker carrying liquefied natural gas from a US-sanctioned Russian export plant arrived in China on Saturday, as Beijing continues to expand its relationship with Moscow in defiance of Washington.
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