Basel urges standardised capital model for banksThe Basel global banking supervisory body has proposed introducing a standardised model to calculate a minimum level of capital banks would need to keep in reserve. The so-called capital floor 'will be based on revised standar More… |
Europe snubs IMF call to force-feed bank capitalEurope gave a cool reception to a demand from the International Monetary Fund's new head Christine Lagarde to force its banks to bulk up their capital, saying the continent had done enough already. The European Commission said there w More… |
G20 inches closer to deal on bank capitalThe G20 is making 'serious progress' toward an agreement on new bank capital standards, narrowing differences over key points of the reform package, Bank of Canada Governor Mark Carney said on Saturday. 'Toronto has been a very More… |