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July 27 (Reuters) - British asset manager Schroders (SDR.L) reported a drop in first-half assets under management on Thursday, due to weaker investor sentiment amid market volatility.UK investors are playing it safe pulling $842 million from equity funds in June in favour of money market and fixed-income funds, fund network Calastone said earlier this month."Like the rest of our peers we see this to be a challenging environment, markets are volatile," Jupiter CEO Matthew Beesley told Reuters."We know that client confidence in markets is not high. With this uncertain environment...

WASHINGTON, July 27 (Reuters) - U.S. regulators are set to propose a rule that could significantly raise capital requirements for larger banks, forcing them to cut costs and retain earnings in an effort to cushion against potential losses that could harm customers and investors.The proposal, to be unveiled later on Thursday and voted on by the Federal Deposit Insurance Corporation and the Federal Reserve, marks the first in an extensive effort to tighten bank oversight, particularly in the wake of spring turmoil that saw three large financial firms fail.The rule,...