Global banks, funds call for more capital from derivatives clearing houses
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NEW YORK (Reuters) - Four global banks and five big fund managers called on international regulators on Thursday to require for-profit derivatives clearinghouses to put up more of their own capital to protect against cascading losses that could rock the world financial system.Members of the group, including Citigroup Inc, JPMorgan Chase & Co and BlackRock Inc , published their views to try to shift in their favour prolonged policy debates over how clearinghouses should be fortified.Regulators..