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...In at least one case, SEC v....
...Then there is T2S, Dodd-Frank, Basel III, Solvency II and a raft of others to comply with. The inevitable outcome is a rise in the cost base of the custody business....
...Related links: Dodd-Frank, Titles I thru XVI – FT Alphaville Of reform, US bank ratings, and repo – FT Alphaville Fcrt-ing about with the repo market – FT Alphaville That $19bn bank fee?...
...But they also cautioned that there may not be a simple V-shaped recovery....
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