Wed, 25 Sep 2013 12:28:03 GMT
Large banks need more reserves to meet Basel III
Basel Committee on Banking Supervision said on Wednesday that the world's largest banks need to save an extra $155 billion to meet capital rules of Basel III regulation, which was introduced in 2012. Moreover, a quarter of all big banks do not meet indebtedness limits as well. Nevertheless, banks have already cut the shortfall by almost 83 billion euros since