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Why Wall Street isn’t cheering new capital rules
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fnlondon.comBanks will soon have to comply with tougher capital requirements, but stocks appear to be taking the changes in their stride even as Wall Street wonders what the rules will mean for profits.
On 27 July, US bank regulators unveiled new rules that could raise capital requirements at the largest US banks. It is part of an effort to make sure banks comply with international standards requiring that they hold more capital to avoid losses in a downturn.
While...
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