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German financial watchdog says Basel IV will hit some German banks

11/01/2017 11:03
New capital rules being drafted by global banking regulators will burden some German lenders, albeit in a reasonable fashion, the head of German financial watchdog Bafin said.

The Basel Committee of banking supervisors from nearly 30 countries earlier this month postponed the approval of long-awaited rules designed to avert a repeat of the financial crisis.