German banks attack recapitalisation plan

Article reported that Germany’s entire banking industry joined forces on the 13 October 2011 to resist any compulsory recapitalisation of banks, urging its government and banking regulators to resist European Union moves to impose higher capital requirements across the board.

ESO: Background information: EU banks could shrink to hit capital rules http://www.europeansources.info/record/eu-banks-could-shrink-to-hit-capital-rules/

Deutsche Welle, 13.10.11: Deutsche Bank questions recapitalization strategy http://www.dw-world.de/dw/article/0,,15457782,00.html

Spiegel Online International, 10.10.11: Europe's Attention Shifts to Its Ailing Banks http://www.spiegel.de/international/business/0,1518,790865,00.html

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