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End users get initial support in derivatives ruling

WASHINGTON, DC – The US House of Representatives voted last Thursday (December 10) on amendments detailing significant changes to proposed over-the-counter derivatives legislation, which could favour corporate end users of derivatives.

UBS reports fixed-income profit in Q3

ZURICH & PARIS - UBS's fixed-income, currencies and commodities (FICC) business returned to profit in Q3 for the first time in nine quarters, despite lower trading revenues from macro markets.

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