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...Federal Reserve vice-chair for supervision Michael Barr had gold-plated the Basel rules, provoking a fierce backlash from Wall Street’s finest....
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...Between 2000 and 2008, the Federal Deposit Insurance Corporation issued 1,243 new insured commercial bank charters, an average of 138 a year....
...But Crédit Agricole, which also reported earnings on Thursday, fell 6 per cent after it flagged a worse than expected decline in insurance revenue....
...Refining and expanding this technology seems a sensible insurance policy in uncertain times....
...Officials have begun large-scale cost cuts at dozens of state-owned groups as part of their effort to balance Argentina’s budget this year, opening up fierce conflicts with staff and unions....
...Industry association Sifma argued in a public comment before the rule was adopted that the FTC did not have the power to regulate banks and credit unions....
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...“EPP has always defended working with farmers and not against them,” he said....
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...Reserve, the Federal Deposit Insurance Corporate and the Office of the Comptroller of the Currency who are designing the rules....
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