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EU banks poised to win reprieve on capital rule for derivatives

New rule to cut capital they need when they receive collateral from clients
Thursday, October 27, 2016 - 05:50

London

EUROPEAN Union (EU) banks are set to win a major reprieve from capital regulations in a victory for their argument that the restrictions would punish their ability to handle clients' derivatives trades.

In legislation to be released as early as next month, the European

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