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Banking behemoth ING has warned that BRICS nations are continuing to reduce their exposure to the U.S. Treasury market, after data showed China, India and Brazil collectively sold $28.8 billion worth of U.S. Treasury holdings in a single month. What Happened In a research note published this week, I

Five major banking industry groups have formally requested the Securities and Exchange Commission (SEC) to repeal its cybersecurity incident disclosure rule, arguing the regulation undermines national security efforts and creates more problems than it solves. The American Bankers Association led the