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Friday, 11 October 2019

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / 'Non-US banks have $1.4 tn at risk in case of shock'

'Non-US banks have $1.4 tn at risk in case of shock'

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Should a new crisis erupt on world markets, non-US banks will struggle to cover their debts, which have increased since the global financial crisis, the International Monetary Fund (IMF) warned on Friday.

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