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90 at 9: Geithner reassures on US bank capital, but IMF warns of US$4.1 trln of losses

90 at 9: Geithner reassures on US bank capital, but IMF warns of US$4.1 trln of losses



Bernard Hickey details the key news overnight in 90 seconds at 9am, including US Treasury Secretary Timothy Geithner reassuring investors that the majority of US banks are well capitalised, but that the IMF has forecast bank losses globally of US$4 trillion.

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