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      Most countries unprepared for bank failures, watchdog warns

      Financial Stability Board says only US, UK, Japan and Hong Kong have a ‘credible public sector backstop’ to keep troubled lenders afloat before a sale or wind-down
      Companies, Markets, Economy, Financials, Banks

      Source: Financial Times
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud