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Largest U.S. banks face $120 billion shortfall under new rule

The requirements are aimed at ensuring the banks, which include Bank of America Corp. , Bank of New York Mellon Corp. , Citigroup Inc. , Goldman Sachs Group Inc. , JPMorgan Chase & Co. , Morgan Stanley , State Street Corp. and Wells Fargo & Co. are able to recapitalize without disrupting markets or requiring

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Largest U.S. banks face $120 billion shortfall under new rule

call-the-shots

U.S. retailers push banks to use PINs on credit cards as confusion reigns

By Jim Finkle BOSTON (Reuters) – Some big U.S. retailers are stepping up efforts to use personal identification numbers, or PINs, with new credit cards embedded with computer chips in a bid to prevent counterfeit card fraud. A small band

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U.S. retailers push banks to use PINs on credit cards as confusion reigns