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\"A couple of correlation books have been making the rounds.The decision whether to sell differs for every bank and dependsfirst and foremost on the cost versus the reduction in RWAs, butalso on how actively the risk and capital usage has been manageddown over the past few years. Individual situations can be quitedifferent at this stage,\" said Olivier Renart, deputy head ofcredit trading at BNP Paribas.
