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Greek banks to reopen with controls

2015-07-20 03:10:09| BBC News | Business | UK Edition

Greek banks are set to reopen on Monday morning after three weeks of closures sparked by the deadlock over the country's debt.

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APRA lifts mortgage capital on big banks by billions of dollars

2015-07-20 02:18:40| Automakers - Topix.net

The big four banks and Macquarie will have to carry more capital against mortgages after the Australian Prudential Regulation Authority said on Monday the average "risk weighting" for home loans needs to rise from around 16 per cent to "at least 25 per cent". APRA's move, which the market has been expecting and will be welcomed by the regional banks, will require the big banks to fund their lending with billions of extra dollars of equity capital.

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Greek banks set to reopen on Monday

2015-07-16 23:37:57| BBC News | Business | UK Edition

Greek banks, shut nearly three weeks ago, are to reopen on Monday after the European Central Bank raised the level of emergency funding available.

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Banks face new legal action on forex

2015-07-14 13:27:54| BBC News | Business | UK Edition

If the UKs major banks thought they were out of the woods on market-rigging, they were mistaken, as a US law firm pursues new action.

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How development banks can help restore faith in a Paris climate deal

2015-07-14 00:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: To truly tackle climate change, well need to mobilize Scrooge McDuck-level rivers of cash and most of it will need to flow to developing countries. But most wealthy countries have committed only paltry sums to this end so far, despite signing a 2010 pledge to raise $100 billion annually by 2020. It may not be 2020 yet, but if youre India or Vanuatu, the current trend doesnt make for a lot of faith in Uncle Scrooge. Last week, a group of the worlds largest development banks took a step that...

Tags: development paris deal faith

 

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