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Basel III Could Slightly Impact Economic Growth
The Basel Committee on Banking Supervision overhaul of bank capital rules may cut global economic growth by 0.22 percent, which is seen as a reasonable amount. This will occur over an eight-year...
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How Did a Rogue UBS Trader Lose $2 Billion?
The strange saga of how a rogue UBS trader lost $2 billion and who has since been fired and charged with fraud and false accounting in a London court has raised questions about the bank’s stability and...
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Basel III Compliance Requires 29 Biggest Banks to Raise $556 Billion
The world’s largest banks need to raise as much as $566 billion of common equity to meet Basel III rules on capital to be implemented by 2019, cutting shareholder returns, according to analysts at...
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