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Regulators to fortify bank's capital reserves

2012-11-02 5 Dailymotion

Four of the world's largest banks - Citigroup, Deutsche Bank, HSBC and JPMorgan Chase - have been told by regulators that they should boost their capital reserves.

The Financial Stability Board (FSB), which is a G20 task force, said recent hefty fines, trading losses, money laundering and rate-rigging show operational risks are not being covered properly.

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http://www.euronews.net/