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Syndicate and trading executives get wider responsibilities
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Move follows poaching of FIG investment banking team in summer -
Rating agencies see little chance of capital erosion from the diluted EU proposals
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Banks may still need to comply with the rules more quickly than their EU peers
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The PRA believes capital requirements can be useful in addressing the consequences of climate change
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Dejected banking sector says compromises on output floor are ‘better than nothing’
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Industry body says rigid buffers incentivise banks to cut credit during crises
