WASHINGTON -- A key panel of the House Banking Committee is slated to vote next week on derivatives legislation that is roundly opposed by big banks and regulators.

The action could raise the stakes considerably in the growing debate over banks' use of derivatives. Although the bill isn't expected to win approval this year, it is likely to be the starting point for talks in 1995.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.