EU Banks Watchdog Says Lenders Ahead Of Liquidity Rule
By Huw Jones LONDON (Reuters) - The European Union's top banks hold on average bigger cash-like buffers than required though some specialized lenders should get some leeway, the bloc's banking watchdog said on Friday. Banks will have to hold a so-called liquidity buffer made up of top quality assets akin to cash, such as government bonds, that can be sold easily so that lenders can withstand ... Read News
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