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US regulators move to impose capital standards on big banks

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U.S. regulatory agencies are moving forward with plans to regulate big banks and establish rules meant to prevent another crisis like the financial disaster that began in fall 2008. The Federal Reserve’s Board of Governors voted Tuesday morning to finalize a rule that would require big banks in the U.S. to keep plenty of capital on hand in case of a panic. The rule, first proposed by the Fed a...

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