LONDON (Reuters Breakingviews) - Solving Too Big to Fail just got easier. The main dealers in the $700 trillion derivatives market have agreed not to close out contracts in failing global lenders. It's a significant step in addressing global...
Company: LEHMAN BROTHERS INC; BARCLAYS PLC; CREDIT SUISSE GROUP LTD
News Subject: (Derivatives (1DE21); Corporate Events (1CR05); Business Management (1BU42); Funding Instruments (1FU41); Bankruptcies (1BA08))
Industry: (Financial Services (1FI37); Investment Management (1IN34); Securities Investment (1SE57); Banking (1BA20))
Region: (New York (1NE72); U.S. Mid-Atlantic Region (1MI18); Americas (1AM92); North America (1NO39); USA (1US73))
Language: EN
Other Indexing: (Joshua Lott)
Keywords: banking; securities; bankruptcy (MCC:f); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)