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Insurers support banks against tougher regulation at Davos

Lord Levene Lloyds
    • Katherine Blackler

    • Indicative reading time: 1 minute

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Lloyd's, Zurich and Swiss Re have leant their support to bankers attempting to fend of reforms of the financial services industry at the World Economic Forum in Davos.

Lloyd's and Zurich have expressed concern that new regulation directed against risk-taking by banks may prove to be useless and could eventually hurt insurers, according to a report of the Davos World

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