LONDON (Reuters) – Banks can receive longer to build up cash buffers to safeguard against marketplace shocks beneath a direction change which might aid free up credit for trying economies, a European regulatory source mentioned. The Basel Committee, created up of banking supervisors from almost 20 nations, is expected to declare the revision about Sunday to its "liquidity coverage" ratio or LCR, piece of efforts to create banks less probably to want taxpayer aid again inside a crisis. …
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