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Various markets dive after the BOE spells out the continued massive risks to British banks. Half...

Various markets dive after the BOE spells out the continued massive risks to British banks. Half of the £25B that banks must raise this year has been factored into their capital-raising plans. All in all, major banks and building societies face a £50B reduction in their regulatory capital, although HSBC (HBC) doesn't face a shortfall. FTSE 100 -0.1%, S&P futures -0.2%. (PR)
Comments (1)
  • HBC, legal settlements aside.. They saw liquidity issues and have sold off US an Latin American branches in mass to be ready for Bazel 3. I went long and think the 6% plus yield I think goes up by years end.
    27 Mar 2013, 06:15 AM Reply Like
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