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A bill to wind down mortgage financiers Fannie Mae and Freddie Mac would leave a decision on how to treat their private shareholders to the courts.
European shares opened higher on Wednesday as better-than-expected Chinese growth data buoyed sentiment.
Brady Dougan, CEO of Credit Suisse, says the bank's fixed income business is "strong", while the investment banking arm has performed well.
Hiroshi Miyoshi, Mitsubishi CEO for Turkey and Central Asia, describes Turkey's appeal to Japanese firms, who invested $500 million in the emerging market last year.