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September 6, 2011

Regulators poised to soften new bank rules

“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”

Read the full article at The Financial Times

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