BUSINESS
04/19/2010 05:12 am ET Updated May 25, 2011

Financial Reforms Could Cost Top Banks $220 Billion Annually: JPMorgan Research Head

LONDON (Reuters) - Top banks will need an extra $221 billion (139.6 billion pounds) of capital and see annual profits slump by $110 billion if all proposed regulations to reform the industry are brought in, leading analysts said on Wednesday.

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