Regulators could then cap this yield in effect, obliging the bank to cap its risks, as judged not by regulators but by the market.
The letter warned that the cap might have a damaging effect on plans to create 150, 000 new affordable homes, with the resulting shortfall then leading to more homelessness.
BBC: Housing benefit cap won't make 20,000 homeless - Shapps
Due to the uncertainty about 2013 tax rates, it is possible that we are seeing some stocks getting set up for a large-cap version of the January effect.
FORBES: Why There May Be A January Effect For Large-Cap Stocks
Mr Osborne said the UK already had the toughest regime in Europe for bankers' pay and bonuses and that a cap could "have a perverse effect".
As well as a prized bonus cap, which would go into effect in January 2014, parliament also prevailed in requiring banks to reveal their taxes and profits on a country-by-country basis from 2015, as long as the extra transparency is not judged by the European Commission as an impediment to inward investment.
Our research in the Almanac shows that most of the January effect, where small-cap stocks outperformed large caps, happened the last two weeks of December.
Researchers are using a nuclear submarine to take them beneath the Arctic ice cap to study ocean currents that may have an effect on global climate.
CNN: Nuclear sub dives under the ice to explore climate change
Now the bounce-back scrolling effect has given Cupertino an other feather in its cap in the Netherlands.
ENGADGET: Apple scores another patent victory over Samsung in the Netherlands
The government places a cap on the interest rates private banks can charge, in effect preventing them from lending to risky start-ups.
It is not yet clear which child-related benefits would be covered by any cap and the BBC understands the plan would not come into effect until after the next general election - scheduled for 2015.
The large cap telecom sector continues to be dominated by the wireless business, with the effect of a first full quarter of a Verizon iPhone marking second quarter results for the biggest players, as companies balance margins and net additions ahead of earnings season.
FORBES: Verizon And AT&T In 'Battle-iPhone' As Sprint Languishes
And the way the program works now, before these changes go into effect, is that the loan program has a variable rate with a cap of 8.25 percent.
They are lobbying hard to repeal the cap on debit card fees in advance of the July date when Dodd-Frank goes into effect.
If you believe that raising tax rates on the top 2 percent by a few points will have a negative effect on the economy and jobs (I do not), then you will likely find the deduction cap is going to be a far more acceptable alternative than what the President has proposed.
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