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The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
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Only one of the six biggest banks already meets the capital requirement that insiders say U.S. regulators are considering.
Cyprus will be the first country without its own currency to impose such controls.
Global banking regulations complexity undermines bank safety.
Post crisis, the financial industry runs up against stricter national regulations.
Fed standards may force non-U.S. banks to house businesses in U.S. holding company.
Banks in Spain, Portugal, Ireland and Greece see $425 bln withdrawn over 12 months.