Commercial credit line utilization is at its highest rate since 2009, say the banks, and it's not due to companies desperate for cash.
"Banks are looking at all the risk factors and saying, ‘I have more on the line to bank this industry and we're going to bill them more,'" says one…
The companies bought a six-month supply of wheat in an attempt to lower cash wheat prices, the CFTC alleges.
A deterioration in business credit conditions in March does not bode well for the U.S. economy, says the NACM.
More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.
The software giant does hedge its foreign cash flows, but the euro's drop could still give 2015 sales and earnings a double-digit percentage boost.
The custody bank agrees to pay $714 million for overcharging pension funds and other customers on foreign exchange trades.
Dissatisfied with new SEC rules, providers of prime money-market funds are thinking of offering alternatives that would be less heavily regulated.
Big names are allowing customers to pay with the cryptocurrency, but the amount of daily retail transactions is still very low.