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Monday
Sep052011

Regulators poised to soften new bank rules

DateMonday, September 5, 2011 at 22:10

Global bank regulators are preparing to ease new rules that would require banks to hold more liquid assets to withstand a funding crunch in a crisis.
The move follows complaints from banks that the new Basel III standards on liquidity – the first international rules of their kind – would force them to sharply curtail lending to consumers and businesses. Full story on FT.com

AuthorAndrew Smart | Comments Off |
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