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Liquidity outweighs yield
1 Views • Mar 04, 2019
Description
Tough liquidity requirements put in place after the financial crisis mean banks need safe liquid assets to hold against their liabilities. In spite of all of the government debt on offer around the world, cash is often banks' main option.
The FT's Paul J Davies finds that in many countries, that is having a big effect on how they lend in the real economy.
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