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FSB's too-big-to-fail fix may hinder global growth

Other bodies say FSB should limit requirement to a maximum of 16% of risk-weighted assets

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The proposed rules on TLAC would apply to the FSB's list of systemically important banks such as HSBC and JPMorgan Chase.

London

GLOBAL regulators' push to solve the issue of too-big-to-fail banks may hinder economic expansion, according to banking industry groups.

Planned requirements for banks to have a buffer of securities that can be written down in a crisis "will almost certainly raise bank

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