Global regulators will force banks to hold more liquid assets

10/9/2011 | Reuters · Financial Times (tiered subscription model)

Stefan Ingves, chairman of the Basel Committee on Banking Supervision, said the group plans to focus on uniform implementation of Basel III rules, including requiring banks to increase liquid assets. Basel III has been scrutinized by government officials and bank executives, who said the reforms could hinder the broader economy.

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Reuters · Financial Times (tiered subscription model)

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