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- New global banking regulations mean the location of a banks head office will be even more significant to its prospects in the years ahead
- New regulation puts Swiss international banks at a disadvantage
- ING (L) Invest Banking Insurance Fund overweight US, Emerging Market, French and Norwegian banks
Paul Vrouwes, manager of the ING (L) Invest Banking and Insurance Fund, says investors should pay careful attention to the location of an international banks head office as new global banking regulations, Basel III, are introduced. Vrouwes points out that among others some Swiss banks will be put at a disadvantage when new national capital adequacy rules come into play. Furthermore, Vrouwes believes...
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