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Page last updated at 08:29 GMT, Monday, 13 September 2010 09:29 UK

Banks 'need to get back to basics'

Central bank bosses meeting in the Swiss city of Basel, agreed yesterday to a set of proposals which would force banks to hold more than three times as much capital as they currently have.

Banking analyst Chris Skinner and Peter Hahn of Cass Business School debate new banking regulations aimed at preventing a repeat of the banking crisis.

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