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Banks Agree To End 'Too-Big-To-Fail' Swaps Provision

By Ed Beeson ( October 13, 2014, 10:45 AM EDT) -- Goldman Sachs Group Inc. , Bank of America Corp. and 16 other global banks have agreed to new limits on their rights as counterparties in cross-border swaps transactions, a move the International Swaps and Derivatives Association said may help end the notion that some banks are "too big to fail. ". . .

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