There is considerable risk that the EU-Turkey refugee deal will collapse in the coming weeks.
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Steen Jakobsen
CIO, Saxo Bank A/S
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The banking system overall is meeting stricter and stricter criteria on capital set aside for events like this one – actually a fairly rational move considering that VaR does not fully cover “worst case scenarios”. We already saw the US rolling out stricter capital demand requirements on US banks in 2014: Big US banks must boost capital by $68 billion under new rules.