European banks face large capital shortfall with Basel III rules -study
European banks could need as much
as 400 billion euros ($442 billion) in capital to comply with
new rules aimed at making the global financial system better
able to bear potential losses, a study commissioned by the
European Union’s banking lobby showed.
as 400 billion euros ($442 billion) in capital to comply with
new rules aimed at making the global financial system better
able to bear potential losses, a study commissioned by the
European Union’s banking lobby showed.
Posted by Reuters
