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German Fin Min worried about hedge-fund risks in EU bank plans

Reuters – German Finance Minister Wolfgang Schaeuble said on Thursday he was worried that European Commission proposals on isolating hedge fund risks do not go far enough.

“I am a bit worried that the Commission’s proposals on the isolation of high-risk trades at hedge funds don’t go as far as our German rules. This is a point we must look at,” Schaeuble told the Bundestag lower house of parliament.

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