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Banks cry foul over shock decision from Basel Committee

Asset and liability management professionals question severity of criteria in revised IRRBB tests

Given the red card

Video-assisted refereeing has been a hot topic in football – soccer, that is – in recent years. The sport’s governing bodies maintain it is essential to ensuring fair play. Yet many supporters say the increased monitoring disrupts the flow of matches and changes the nature of the game for the worse.

International banks now find themselves taking a similar stance to these supporters, as they try to

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