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Email News Service July 2011: G20 backs capital surcharge plans for big banks; CRD IV text expected Wednesday; Shares fall after bank stress-test results

Simon Turmaine | July 17, 2011

PARIS, July 18 (Global Risk Regulator) – Global regulators today backed plans to force the world’s biggest banks to hold as much as 2.5% more in additional capital to help ensure taxpayers won’t have to bail them out if they fail.

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