Banks fail to persuade regulators to dilute new buffer rules

http://feeds.reuters.com/~r/reuters/businessNews/~3/7ItHNKJ5GWA/story01.htm

LONDON (Reuters) – Rules will soon be finalised forcing the world’s top banks to hold enough liquid assets to cover between 16 and 20 percent of their liabilities, after industry lobbying failed to persuade regulators to relax the plan.

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