U.S. regulators propose rule aimed at limiting impact of large bank failure

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U.S. regulators propose rule aimed at limiting impact of large bank failure
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Federal banking agencies on Tuesday proposed a rule they said was aimed at limiting the impact of the failure of a large bank. At the moment, the world's...

Federal banking agencies on Tuesday proposed a rule they said was aimed at limiting the impact of the failure of a large bank. At the moment, the world's biggest banks are required to issue debt that would convert to equity if they go bankrupt.

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