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International Business Times
International Business Times
Business

Big Bank CEOs Testify Against Basel III Endgame Before Senate Committee

The CEOs of eight top U.S. banks visited Capitol Hill on Wednesday to testify against Basel III Endgame, the final stages of a financial regulatory regime that's been in the works for 15 years.

Testifying at the Senate Banking Committee hearing were the leaders of Wells Fargo, Bank of America, JP Morgan Chase, Citigroup, State Street, BNY Mellon, Goldman Sachs and Morgan Stanley.

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