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Foreign Banks Dominate `Too Big To Fail' Label
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Foreign Banks Dominate `Too Big To Fail' Label
U.S. regulators will oversee more foreign-owned than domestic banks under Dodd-Frank Act rules governing firms deemed systemically important.   Non-U.S. banks will constitute 79 percent of those designated “systemically important financial institutions” under Dodd-Frank rules, according to a Bloomberg Government study. Bloomberg’s Peter Cook reports from Washington.
Video Length: 0
Date Found: July 06, 2011
Date Produced: July 06, 2011
View Count: 0
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