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European banks shoot higher this morning on reports of a Franco-German push to weaken bank...

European banks shoot higher this morning on reports of a Franco-German push to weaken bank capital rules. In Paris, Societe Generale +7.9%, Credit Agricole +5.5%, AXA +2.8%. Premarket U.S.: Deutsche Bank +3%, UBS +1.8%, RBS +1.2%, ING +1.5%, Lloyds +1%.
Comments (1)
  • This is great. Now we need to do the same thing here in the US, just like savvie Jamie says, loosen up on this capital nonsense, get rid of a few troublesome regulations, so on and so forth, and get the party going again.
    23 Jan 2012, 06:55 AM Reply Like
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