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BANKING: If foreign banks need local stress-tests in every country, expect change in structure & forced break-ups

LessThunk comment: Looks like the UK is following the USA on this, largely because domestic banks are demanding equal treatment.. it won’t do any good..stupid idea…bad for everyone..

http://uk.reuters.com/article/2015/03/17/uk-britain-banks-stresstests-exclusive-idUKKBN0MD2CR20150317

 

 


Categorised as: banking | economy

Posted by: Phaedrus

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