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Too-big-to-fail banks facing capital gap of US$870b: report

Wednesday, October 15, 2014 - 05:50

London

TOO big to fail is likely to prove a costly epithet for the world's biggest banks as regulators demand they increase debt securities to cover losses should they collapse.

The shortfall facing lenders from JPMorgan Chase & Co to HSBC Holdings could be as much as US$870

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