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Regulatory

Banks should hold more capital: Murray

Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.

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Read more: Australia,  David Murray,  Financial System Inquiry,  Regulatory,  ANZ,  Australian Prudential Regulation Authority,  Commonwealth Bank boss,  Future Fund chairman,  July,  Mr Murray,  MySuper products,  Sunday,  Treasurer Joe Hockey,  Wallis inquiry