Banks Face Pass-the-Parcel Debt Limit in Writedown Rule

26
Sep

Todays news on Bloomberg 

The world’s largest banks face curbs on how much they can rely on selling debt to each other to meet a planned international standard on their ability to absorb losses in a crisis.

To read more on this please follow the link below.

http://www.bloomberg.com/news/2014-09-25/banks-face-pass-the-parcel-debt-limit-in-writedown-rule.html

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