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Ackermann warns of pressure on banks

Political pressure to cut banks down in size is “totally misguided”, Josef Ackermann, chief executive of Deutsche Bank and chairman of the Institute of International Finance, told a London conference on Monday, More…

Investors fear bank tests too lax

Shares in British banks fell on Thursday after it emerged that economic assumptions used to test whether some of the biggest institutions could withstand a deep recession may have been less stringent than assumed in financial markets. More…