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Regulation: Calls grow for broker shake-up

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Federal Reserve Bank of Boston President Eric Rosengren said broker regulation needs a 'major re-examination' to prevent funding shortfalls during a crisis, and New York Fed President William C. Dudley said the wholesale funding system must have greater stability.

French economy fails to grow for second quarter

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The French economy failed to expand during the second quarter of this year after stalling in the first, missing analyst expectations, data from the French national statistics bureau Insee showed.

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