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...The US will not support a single capital surcharge for the world’s biggest financial groups, the Federal Reserve’s top bank supervisor said, in an apparent boost for some of the industry....
...“There may be one or two countries that want a single number but they are in the minority and we hope they stay that way,” said Pat Parkinson, head of supervision at the Fed....
...Pat Parkinson, the Fed’s top bank supervisor, said this week that the US was pushing for a graduated approach to a capital surcharge on the biggest international banks, with the very top of the list forced...
...Pat Parkinson, now the Fed’s top bank supervisor, was trying to find out which companies had derivatives contracts with Lehman as he gauged how severe the impact would be if the investment bank collapsed...
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