Tuesday, 26 February 2013

UK regulator 'considering further banking crackdown'

“Banks in the UK may need to significantly increase the amount of capital they hold in the near future, it has emerged.

Sources in the financial industry have today (25 February) told Reuters that the Financial Services Authority (FSA) is currently overseeing an investigation into how lenders go about calculating the riskiness of their lending arrangements.”

 
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