U.S. Fed proposes new regulatory regime for foreign banks - Reuters
U.S. Fed proposes new regulatory regime for foreign banks - Reuters
The U.S. Federal Reserve on Monday proposed a new regulatory regime for foreign banks operating in the U.S. that aims to more closely tailor the rules in line with firms’ risk profiles.
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Industry description
The investment seeks growth of capital over the long term.
The fund normally invests at least 80% of assets in securities of European issuers and other investments that are tied economically to Europe. It normally invests primarily in common stocks and allocates investment across different European countries. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.