Large banks need more reserves to meet Basel III

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Source: Bloomberg
© Scanpix/Reuters
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 June of the previous year.
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