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ECB-Supervised Banks Will Face 8 Percent Capital Buffers

ECB-Supervised Banks Will Face 8 Percent Capital Buffers (Reuters)

The European Central Bank (ECB) will be supervising 130 euro-zone banks starting November 2014. Systemically important financial institutions will be required to maintain a capital buffer of at least 8 percent. This capital requirement is intended to avert systemic financial collapse, as was faced in the 2008 financial crises.

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