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Banks fear accounting changes
 
  Hedgeweb - WED, JUN 04 2008
News Accounting changes could force US banks to take up to $5,000 bn back on to their balance sheets in the coming months.

That is likely to curb further their lending and could push them into new capital raisings.

Analysts at Citigroup said a planned tightening of the rules regarding off-balance sheet vehicles would force banks to reconsider arrangements and could result in thousands of billions of dollars of assets coming back on to the books.

 
 
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