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Barclays warns on new capital rules

Barclays Bike

Barclays has warned that it could rein in lending to households and businesses due to a new demand by the Bank of England that could force it to hold billions more pounds of capital.

Sir Mervyn King's great Bank of England myth

Mervyn King Still

As he departs, Sir Mervyn King cannot be allowed to get away with a myth he has been promoting for years – the notion that the Bank of England was somehow a lone voice of sanity in the pre-crisis years and that its warnings of impending disaster for the banking system fell on deaf ears.

German banks an accident waiting to happen

Red Warning Light

Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.



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Ex-UBS manager avoids jail

A former Swiss banker who pleaded guilty to aiding Americans hide money from U.S. tax authorities was sentenced to five years probation and fined $150,000 in a West Palm Beach federal court on Monday, his lawyer said.