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S U B S C R I B E
Friday, 24 September, 2010
Analyst calls for 'separation' of banks
The Basel III accords—which came out of a meeting of global bankers in Basel earlier this month—were sold as an alignment of the world’s banks to avoid another global financial meltdown. Basel III decisions made world markets to surge and banks let out a sigh of relief. But for financial analyst Beat Kappeler, this was not a good sign, particularly for those of us with savings in a bank account:
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