Too-big-to-fail banks facing capital gap of US$870b: report
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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 billion, according to estimates from AllianceBernstein Ltd, or as little as US$237 billion forecast by Barclays plc.
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