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Lawmakers divided over EU's push to break up too-big-to-fail banks

The blueprint sought to ban the lenders from proprietary trading and investing in hedge funds

Brussels

EUROPEAN Union plans to ban proprietary trading and break up the bloc's biggest banks are faltering as lawmakers clash over fundamental principles of the bill.

The European Commission, the EU's executive arm, presented its bank-structure overhaul a year ago to address the

sentifi.com

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