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Fed plans to hit US banks with surcharge

The Federal Reserve is preparing to hit the biggest US banks with a tougher version of a capital surcharge than agreed by international regulators, requiring the banks to maintain fatter cushions to protect against financial losses. http://online.wsj.com/articles/feds-tarullo-says-fed-board-will-unveil-systemically-important-financial-institution-surcharge-rule-soon-1410211114?mod=WSJ_hp_LEFTWhatsNewsCollection

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