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Banks brace for capital shake-up, fears lingerTougher new Basel III capital rules due on Sunday have rekindled concerns over the weakest players in the banking sector in Europe. The impact of the new bank rules on lending and faltering economic recovery have added to investor doubts g More… |
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EU backs new banking rules to avert crisisThe European Union (EU) leaders have agreed to more steps to avert a repeat of the banking crisis and backed the creation of a European system of financial supervisors, but gave them only limited powers. The International Monetary Fund (IM More… |
