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G-20 finalises tools for ending 'too big to fail' banks

Many key reforms implemented decisively and promptly: FSB's Mark Carney

MR CARNEY: The financing capacity to the real economy is being rebuilt, he has said in a letter to G-20 leaders.


GLOBAL regulators set out their "final tools" on Monday for ending the phenomenon of "too big to fail" banks, seeking to draw a line under a period of intensive rule making after a financial crisis that tarnished the sector and weighed heavily on taxpayers.

Mark Carney,...

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