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EU mulls easing bank failure rules to align with global standard

Unified framework for banks based in EU may be needed, says discussion paper

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The European Union is considering easing bank failure rules introduced to end the era of expensive taxpayer-funded bailouts.

Brussels

THE European Union is considering easing bank failure rules introduced to end the era of expensive taxpayer-funded bailouts.

A discussion paper prepared by the European Commission, the EU's executive arm, envisions setting EU loss-absorbency requirements for its biggest

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