( March 10, 2020, 15:23 GMT | Official Statement) -- MLex Summary: More banks and investment firms have added their names to a call for clearinghouses to be subject to tougher regulation. A paper from companies including Goldman Sachs, JP Morgan and BlackRock in October 2019 reopened a long-running feud between banks, asset managers and clearinghouses, as the US institutions called for clearinghouses to pay more of their own funds in the case of an economic downturn. The October paper is now being endorsed by ABN AMRO Clearing, Barclays, Deutsche Bank, Commonwealth Bank of Australia, Franklin Templeton, Guardian Life, Ivy Investments, Nordea, TIAA and UBS.The statement follows....
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