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Patrick Rucker and Kouichi Shirayanagi, Reuters
U.S. banks need better defenses against rates shock, regulators warn
Patrick Rucker and Kouichi Shirayanagi, Reuters
September 2, 2016
Years of stubbornly low interest rates and expectations they will remain low for years to come have prompted U.S. banks to shift their balance sheets in ways that put them at risk if rates suddenly spike, regulators are warning.