ECB supervisor sees no room for lowering capital demand on banks
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HELSINKI (Reuters) - There is no room for lowering capital requirements for euro zone banks but watchdogs should avoid "straight-jacketing" bankers and stifling innovation, a European Central Bank supervisor said on Tuesday.Pentti Hakkarainen, a member of the ECB's Single Supervisory Board that oversees the euro zone's largest banks, batted back industry complaints over how much cash and capital banks have been asked to set aside in the aftermath of the financial crisis.He cited a 2010 study..