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Slow approach to raising bank capital loses the race against write-offs
Posted on Aug 21 2008 2:56 AM by
adeal
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Employees
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It should come as no surprise that banking is a cyclical business. After the bubble bursts, there is always lots of hand wringing and vows to be more rigorous in underwriting. Then the bubble refills and people start to worry more about losing market share to companies with less disciplined underwriting approaches.
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