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Banks to swing to more stable funding

They will be required to meet a net-stable funding rule from 2018, says Basel Committee on Banking Supervision

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The rule will limit banks' reliance on "volatile short-term borrowings to fund illiquid assets", says Mr Ingves.

Brussels

BANKS face a push from global regulators to seek out more stable funding that won't dry up in a crisis.

Starting in 2018, internationally active banks will be required to meet a so-called net-stable funding rule that will force them to take into account the maturity of...

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