US banks nervous as disclosure rules drive deposits away
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US banks nervous as disclosure rules drive deposits away

Miami : FL : USA | Aug 06, 2012 at 5:24 AM PDT
Source: The Idaho Statesman
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Miami's position as a hemispheric banking capital could be weakened as some foreign depositors close their accounts in U.S. banks to avoid new disclosure regulations. The new rules, set to go into effect early next year, require U.S. banks to report interest information on accounts held by nonresident... FULL ARTICLE AT The Idaho Statesman
 
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