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ISDA's 25th AGM concludes without a big bang

|Includes: BAC, BCS, BMO, BNPQY, BNS, Berkshire Hathaway Inc (BRK.A), BRK.B, C, CM, CRARY, CRZBY, CS, DB, GS, HSBC, JPM, MER, MFG, MS, NMR, RBS, RY, SCGLY, TD, UBS, WFC

The International Swaps & Derivatives Association (ISDA), which counts the large derivatives dealers including Goldman Sachs, Bank of America Merrill Lynch, Morgan Stanley, Barclays, Citigroup, JP Morgan, HSBC, RBS, BNP, RBC, TD, BMO, BNS, CIBC, Deutsche Bank, UBS, Credite Suisse, Commerzbank, SocGen, Calyon, Wells Fargo, Mizuho and Nomura among their members, just completed their 25th annual general meeting last week in San Francisco with much less fanfare (aside from disturbances caused by the Icelandic volcano eruption) compared to last year's meeting in Beijing that closely coincided with the implementation of Big Bang Protocol. A highlight of the issues discussed

Disclosure: long all stocks