The official ban on proprietary trading for nine of the largest US banks officially began last week on July 21, after a one-year extension.
The criminal trial of Tom Hayes, the former trader charged with Libor rigging offences, is not an open-and-shut case despite reams of written requests made by him to others to influence interest rates, a London court heard last Tuesday.
Rules for posting margin to back uncleared over-the-counter swaps between two affiliates of the same company have come under fire from ranking US politicians.
A European regulator proposal to expand clearing of interest rates swaps to six new currencies has led to a split among market participants over the merits of the plan.
Bondholders in Greek banks are bracing themselves for possible restructurings of the institutions that could see them face losses, after the Greek government and its creditors in effect admitted that the four major lenders needed to be recapitalised.