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Comment: EU banks face bumpy ride under next European Commission

By Jack Schickler ( August 20, 2019, 09:20 GMT | Comment) -- EU banks are in for a bumpy ride under the next European Commission, due to take office in November. ​They could face a new bankruptcy framework, more than 100 billion euros in extra capital requirements, new EU powers to cap risky mortgages, and more intense competition for customer loyalty.Banks under the next European Commission could face a new bankruptcy framework, more than 100 billion euros ($110 billion) in extra capital requirements, a rejig of securitization rules, new EU powers to cap risky mortgages, and more intense competition for customer loyalty....

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