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​Banks’ sovereign risk awaits global curbs, Hill says, challenging Germany

By John Rega and Bjarke Smith-Meyer ( April 22, 2016, 15:48 GMT | Insight) -- European banks should get curbs on their holdings of government bonds only when global standards are in place, EU financial-services chief Hill said today, undercutting Germany’s push to restrain lenders’ risks before sharing deposit guarantees. The comments set the tone for a debate among finance ministers, and follow a push by some European Parliament members to speed up the deposit-insurance plan.European banks should get curbs on their holdings of government bonds only when global standards are in place, EU financial-services chief Hill said today, undercutting Germany’s push to restrain lenders’ risks before sharing deposit guarantees....

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