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Basel 3
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New Bank Capital Rules Will Yield ‘Harmful Outcomes,’ JPMorgan Chief Tells Senate
Several bank CEOs warned that all U.S. households would be negatively impacted by higher capital standards imposed on lenders.
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Deutsche Bank Loses Billions, Shares Rise
Deutsche Bank AG, Germany’s largest bank and one of the top global banks, announced a large loss for the fourth quarter. The bank has to struggle with high anticipated legal fees due to several scandals. It is also undergoing a major shift in corporate culture and cost-cutting.
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New Bank Capital Rules Will Yield ‘Harmful Outcomes,’ JPMorgan Chief Tells Senate
Several bank CEOs warned that all U.S. households would be negatively impacted by higher capital standards imposed on lenders.
|
Deutsche Bank Loses Billions, Shares Rise
Deutsche Bank AG, Germany’s largest bank and one of the top global banks, announced a large loss for the fourth quarter. The bank has to struggle with high anticipated legal fees due to several scandals. It is also undergoing a major shift in corporate culture and cost-cutting.
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