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A quiet week but expect a flurry of activity after the US election
Regulatory change is on its way but for now banks can enjoy the relative lull in activity in the US leading up to the election
It has been a relatively quiet week in the financial industry, with no real banking disaster shockers at all, which makes for a refreshing change. All eyes are on the election in the US, but once that’s over expect a renewed flurry of activity on the hill as committee hearings are expected to continue over the reform of the regulatory system. Similarly in Europe, the Basel Committee is poised to release a number of reports relating to liquidity risk and credit rating agency reform, and the
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