Regulators reach a compromise on capital rules for banks

09/8/2010 | Bloomberg · Wall Street Journal, The

Franz-Christoph Zeitler, vice president of Germany's Bundesbank, said the Basel Committee on Banking Supervision has drafted key points of revamped capital and liquidity requirements, known as Basel III. "As to the level of capital ratios, the committee has found a compromise as compared to the proposal," Zeitler said without revealing any figures. Investors, bankers and others have known higher capital requirements are coming, but this weekend they might receive details. The Group of Governors and Heads of Supervision will meet Sunday to discuss Basel III and decide on the reform framework.

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Bloomberg · Wall Street Journal, The

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