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Anthony Ostler travelled to Switzerland in May with a sobering message for the world’s banking standard-setter: If countries continue to apply new global capital requirements inconsistently, the competitiveness of the banking sector could take a hit as geopolitical turmoil destabilizes economies around the world.

The CEO of the Canadian Bankers Association wasn’t just delivering his warning on behalf of Canada’s big banks. He was also speaking for institutions around the world as the recently elected chair of the International Banking Fed

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