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GC Asia
European Banks Selling Off Profitable Ops
European banks are stepping up plans to sell off some of their profitable operations as they rush to increase core capital to 9% next June, well ahead the 2019 deadline.
European banks are stepping up plans to sell off some of their profitable operations as they rush to increase core capital to 9% next June, well ahead the 2019 deadline. Investors say the sales will have a negative impact on long-term profit.
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