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Banking standards adopted this scheme for security.
True, the sums involved are modest by banking standards.
Banking standards have adopted this scheme for security.
HSBC says it has already reformed its practices and now complies with international banking standards.
VATICAN CITY — Negotiations over the Vatican's adherence to international banking standards were reaching a delicate point.
New global banking standards, known as the Basel III, are also driving the deleveraging efforts.
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Britain's banking bosses should face jail if their decisions force fresh bailouts, the Parliamentary Commission on Banking Standards said yesterday.
Drawing on his experience as a member of a parliamentary Banking Standards Commission, he said senior positions in banking ought to form a regulated profession which required qualifications.
The Parliamentary Commission on Banking Standards report – called Changing Banking for Good – runs to more than 500 pages and is the culmination of a year's work.
The idea was championed in June's report from the Commission on Banking standards, and as a result the Treasury will look at the idea more closely next year.
While regulators will be given power to break up banks which try to break the ring-fence, other recommendations of the Parliamentary Commission on Banking Standards were ignored.
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