Refinancing

WASHINGTON (Reuters) - The U.S. government’s plan to strip banks of troubled assets could force some firms to record large losses, but the move would help restore confidence in the banking system, the head of the Federal Deposit Insurance Corp. said in an interview in Tuesday’s Washington Post.

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Reuters - TOKYO (Reuters) - Top executives of leading U.S., Japanese and European banks will meet in London this month to discuss regulation and other issues key to the future of the financial system, two industry sources said.

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