Giant investment banks shift to safer strategies

10/5/2010 | Wall Street Journal, The

Major investment banks in Europe and the US are reacting to tougher regulatory requirements by shifting away from risky strategies and toward safer practices. Switzerland's largest banks are facing requirements to increase their capital cushions held against risky assets by a bigger margin than that outlined in Basel III rules. Other countries might follow Switzerland's lead, analysts said, putting even more pressures on banks to rein in risk-taking.

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Wall Street Journal, The

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