UPDATE 1-EU banks need $153 bln to meet Basel 2027 shortfall
Major European Union banks face a
collective shortfall of 135 billion euros ($153 billion) to
fully comply with global capital requirements by 2027, meaning
they need to raise their capital by at least 24.4%, the European
Banking Authority said.
collective shortfall of 135 billion euros ($153 billion) to
fully comply with global capital requirements by 2027, meaning
they need to raise their capital by at least 24.4%, the European
Banking Authority said.
Posted by Reuters
