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News
October 21, 2016

In the News Today – October 21, 2016

Bank Legal Costs May Be “Constraining Global Growth”: “The roughly $275 billion in legal costs for global banks since 2008 translates into more than $5 trillion of reduced lending capacity to the real economy,” Minouche Shafik, a deputy governor of the Bank of England, told a conference of regulators and bankers this week. (The Wall Street Journal) 

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