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  1. Questioning collateral

    But I don’t think people really thought that much about the correlation risk involved in western European sovereigns,” he says. While an emergency loan package by the European Union (EU) and International Monetary Fund, combined with tough...

  2. Concerns grow on correlation of derivatives collateral

    At the time many collateral agreements were drawn up, the default of western European sovereigns seemed an unlikely prospect, they add. Government securities – primarily from the US and European Union – made up 9.9%, or $116.5 billion, according to...

  3. New Consumer Protection PSAs Appear in Bing Search Ads

    Postal Inspection Service (USPIS) and Western Union to serve consumer protection PSAs in Bing's search ads. Microsoft has teamed up with the Federal Trade Commission (FTC), the U.S. The new ads address scams involving mortgages, foreclosure, credit...

  4. Axis of AML

    For Western banks the level of interest was not as high. The European Union has underlined its AML commitment through its Third Anti-Money Laundering Directive (3AMLD). And it is essential because regulators are increasingly tightening AML rules.

  5. Great Expectations

    A statistical quirk of the changes to life expectancy is that, although it has increased in western Europe since the introduction of sanitation and clean drinking water in the mid-19th century, the trend has not been consistent.

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