Regulatory shake-up threatens lenders
China Daily | Updated: 2009-09-22 08:29
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The crackdown could lower profitability by a third at lenders including Barclays. Bloomberg News |
PARIS: Global leaders meet this week seeking to deliver the broadest financial regulation overhaul since the 1930s, potentially threatening profits and stock prices of banks from Goldman Sachs Group Inc to Barclays Plc.
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