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The Single Resolution Mechanism becomes fully operational to bolster the resiliency of banks in the European Union. This is the second of three conditions…
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China welcomed the new year with yet another bloodbath that it has seen too much of in 2015. But unlike the August 2015 sell-off that was sparked by small…
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PBoC's decision to devalue the Rmb delivered a temporary shock to financial markets, but its longer-term effects may be felt around the globe.