Tuesday 7 April 2020
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channelnewsasia - 12 days ago

Exclusive: Capital One got CFTC waiver after oil price plunge increased swap exposure - sources

U.S. lender Capital One Financial Corp got a waiver from the Commodity Futures Trading Commission (CFTC) after plunging oil prices increased the bank s derivatives exposure above a key regulatory threshold, according to two sources with knowledge of the matter.

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