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Banks adjusting to low profits must come under 'vigilance,' Basel Committee says

( January 24, 2018, 13:01 GMT | Official Statement) -- MLex Summary: Banks should be subject to close vigilance from supervisors as they adjust to an environment of low profitability, global regulators said in a new report. The Basel Committee on Banking Supervision warned that lenders could let their capital buffers erode over time and take excessive risks in an attempt to prop up gains.The statement follows. The report is attached....

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