Barnier vs. Basel III. 

EC's Michel Barnier meets with US regulators to discuss Basel III rules. (BloombergBW)

ECB lending not working. 

S&P says ECB lending facility has done little to stop banks from cutting lending to businesses. (UK Telegraph)

Goodbye Lincoln. 

Bipartisan lawmakers looking to repeal Lincoln amendment. (WaPo/Wonkblog)

Ain't no sunshine. 

Fed rewrites rule book governing financial system behind closed doors. (WSJ)

ECB wants say on Basel. 

ECB seeks role to avert adverse effects of Basel liquidity rules. (BloombergBW)

SEC global accounting proposal soon. 

SEC to make global accounting proposal in coming months. (Reuters)

Hedging a wasted effort? 

Currency and inflation hedges don't pay off in the very long term. (pionline)

Banks can keep assets. 

US House panel approves measure limiting swaps "push-out". (BloombergBW)

Derivative limit raised. 

US regulator poised to soften derivatives curbs. (FT)

Volcker's liquidity threat. 

Volcker Rule could hurt liquidity, bipartisan senators say. (Bloomberg)

Over-regulated America. 

The home of laissez-faire is being suffocated by excessive and badly written regulation. (Economist)

State Street to launch launch OTC platform. 

State Street plans OTC derivatives platform. (FT)

Ratings cut for big banks? 

Moody's weighs in on global banks. News isn't good. (Bloomberg)

Corporates pile on Volcker. 

US corporations join Volcker rule critics' club. (Reuters)

Stiff resistance. 

Regulators weigh massive public input on 'Volcker rule'. (LATimes)

Corp deals getting bigger. 

Deal Size getting bigger in investment-grade bond issues. (WSJ)

NYT agrees with Volcker critics. 

The Volcker Rule and the costs of good intentions. (NYT/Dealbook)

Volcker would say that. 

Foreign critics should not be afraid of Volcker Rule, says Volcker. (FT)