In This Issue:
- Global Banking Group Calls for Several Rates to Replace Libor
- U.S. Applies Money-Laundering Rules to "Virtual Currencies"
- SEC Says Big Banks Don't Have to Hold Shareholder Break-Up Votes
- CFPB Proposes More Oversight of Nonbank Student Loan Companies
- Industry Discourages Adding Down Payment Rule to CFPB Measure
- IASB Accounting Rule Will Require Banks to Show Losses Earlier
- Over 4 Years After TARP, Future of Bank Reforms Still Unclear
- Index Shows Uptick in Small Business Loans From Big Banks
- Earnings for Credit Unions Hit Record $8.5 Billion in 2012
- Pave Offers Students Alternative to Traditional Loans
- Excerpt from Global Banking Group Calls for Several Rates to Replace Libor:
The tarnished Libor interest rate benchmark should be replaced with a range ofreference rates based on actual market transactions by banks, a global group of centralbankers said.
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