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Wednesday, May 22, 2013

Brussels to tighten rules on bank bailouts

Brussels to tighten rules on bank bailouts Brussels is to impose more stringent conditions on state bailouts for troubled banks, so that shareholders and junior bondholders suffer losses before taxpayers are asked to foot a rescue bill
http://link.ft.com/r/2SRI11/XB5K9R/GKXE28/VL3BNV/WHDFOW/W1/h?a1=2013&a2=5&a3=22

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