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Regions / Global

Newsletter May 2010: The bankers fret, worry and complain

Simon Turmaine | May 19, 2010

Among a litany of concerns over the Basel committee's proposed capital and liquidity reform package, a major theme is the timetable for implementation. Many of the 300 responses to the public consultation which ended on April 16 say more time is needed to comply with the new rules. And significantly higher capital and liquidity requirements will pose a threat to global growth, the bankers say.

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