Brussels, 28/10/2011 (Agence Europe) - On Friday 28 October, the president of the European Banking Federation (EBF), Christian Clausen, set out three options for banks to increase their core capital to 9% as decided by the eurozone summit, namely re-investing profits, converting lower quality into highest quality capital and deleveraging (getting out of debt) by selling off capital-greedy assets (see EUROPE 10483). On the first point, he said that some €120bn of profits had been made by...