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Ring-Fenced Banks Must Meet Leverage Rules, PRA Says

By Najiyya Budaly (July 4, 2018, 4:31 PM BST) -- The Prudential Regulation Authority has ordered "ring-fenced" banks to follow so-called leverage ratio framework rules, although the watchdog said it will amend the amount of capital these spun-off firms will need to hold to reflect other regulatory demands....

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