KM Financial Solutions | UPDATE 2-EU banks worry about dividends as capital demands jump
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UPDATE 2-EU banks worry about dividends as capital demands jump

UPDATE 2-EU banks worry about dividends as capital demands jump

Major European Union banks face a
collective shortfall of 135 billion euros ($153 billion) to meet
global capital requirements by 2027, meaning they may need use
profits to raise their capital by at least 24.4%, the European
Banking Authority said.

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