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World"s biggest banks to meet in London: Report

NEW YORK: Chief executives of leading banks from Japan, Europe and the United States will meet in London to discuss regulation of the financial sector, AFP news agency reported, citing the Nikkei economic daily.
According to the report, which did not name sources, the British government will host the meeting on March 24, after the Group of 20 (G-20) finance ministers meeting in London this coming weekend.
The report said invitations had been sent to leading institutions including JPMorgan and HSBC. It said Mitsubishi UFJ Financial Group president Nobuo Kuroyanagi would attend.
Leaders of the G-20 nations are due to meet in London on April 2.

Mar 11, 2009 11:15
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