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US regulators issue a stern warning to five giant banks

They say the banks did not have "credible" plans for how they would wind themselves down in a crisis
Friday, April 15, 2016 - 05:50

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Mr Sanders has called for the biggest banks to be broken up during the presidential debate.

New York

THE nation's top bank regulators have added an unexpected voice to the growing chorus of critics worried that the biggest US banks, nearly eight years after the financial crisis, are still too big to fail.

The Federal Reserve and the Federal Deposit Insurance Corp said on

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