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Interest Rate

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  • UMMS defends use of interest rate swaps

    UMMS defends use of interest rate swaps
    The University of Maryland Medical System has set aside tens of millions of dollars because of complex financial transactions related to interest rates that have not paid off — yet.
  • Monday morning quarterbacking the UMMS interest rate swaps

    The criticism to University of Maryland Medical System officials for using off interest rate swaps is a classic case of Monday morning quarterbacking ("UMMS defends use of interest rate swaps," Sept. 13). The labor union official who described the...

    With Libor suit, Baltimore reinforces role as banking watchdog

    With Libor suit, Baltimore reinforces role as banking watchdog
    Two huge civil cases led by Baltimore — one that ended last week as the other gained momentum — spotlight City Hall's emerging role as an aggressive watchdog against the misdeeds of multinational banks. On Thursday, Wells Fargo settled a...

    South Korea output strong but soft exports keep door open for rate cut

    SEOUL (Reuters) - South Korea's industrial output grew for a second month in July, adding to signs of improving domestic consumption, but some analysts are wagering on another interest rate cut as stubbornly weak global demand drags on the export-...

    Janna Herron: What it takes to borrow from home equity

    Breaking into the home equity nest egg is becoming a very real possibility for more Americans as home prices rise. But raiding the house bank is not as easy as it was before the recession, and not everyone meets the requirements to borrow from home...