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In the Market: Bid to end bank 'window dressing' may reshape US repo market

A proposal by global regulators to change how the largest banks report key risk metrics at the end of the year could deal a blow to their U.S. short-term funding businesses, the latest salvo in a battle over tighter capital rules. The largest global banks are required to hold more capital than others, with a surcharge calculated every year from Dec. 31 values of a set of risk measures. In a bid to reduce the capital hit, which hurts profitability, some banks adjust businesses at year-end to lo...
United States Paritosh Bansal Income Clearing Corp Basel Committee On Banking Supervision Basel Committee Banking Supervision
Source: yahoo.com

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