USD/JPY declines further to near 152.60 as the US Dollar underperforms its peers amid upbeat market mood. The USD/JPY pair falls further to near 152.60 in Friday’s European session. The asset weakens ...
Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.
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