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Fed to monitor foreign banks' transfer of wholesale loans within US, official says

By Neil Roland ( March 4, 2014, 23:01 GMT | Insight) -- The US Federal Reserve will track whether large foreign banks shift their short-term wholesale loans from tightly regulated US subsidiaries to more loosely overseen US units in response to a new banking rule, a Fed official said.The US Federal Reserve will track whether large foreign banks shift their short-term wholesale loans from tightly regulated US subsidiaries to more loosely overseen US units in response to a new banking rule, a Fed official said. ...

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