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Weak financial institutions ‘could be next target’ for nervous investors, IMF says

By Fiona Maxwell ( April 11, 2023, 14:38 GMT | Insight) -- Banks that are vulnerable to wider policy changes such as higher interest rates could become the next target for investors looking for the "weakest link," as was the case with Credit Suisse, the International Monetary Fund said today. In a report, the agency called for more work on financial regulation to address shortcomings in the oversight of banks and the shadow-banking sector.Banks with excess leverage or interest rate exposure could be next on the list for anxious investors trying to target the “next weakest link” following the forced takeover of Credit Suisse, the International Monetary Fund said today....

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