Daily News: April 20, 2015

Regulators Call for Loan Changes to Handle ‘Too-Big-to-Fail’

The Wall Street Journal reported that global banking regulators are expressing concerns that trillions of dollars’ worth of short-term loans could complicate their efforts to handle a failing financial institution, said people familiar with the talks.

The Journal sources said further the regulators are calling for changes to terms of repurchase agreements, or repos, and securities-lending agreements in which trading firms, banks and investment companies typically swap cash and securities with promises to reverse the transactions in the future.

To read the entire Journal article, click here.