China banks brace for year of furious fundraising
The nation’s lenders face more stringent capital requirements, but also the need to continue supporting economic growth. The conflicting requirements mean many will need to raise equity funding in considerable size.
“The only thing that Basel II has made clear is that there will need to be a Basel III,” quips a senior debt capital markets banker for Asia.
The past year has revealed how limited Basel II regulations, which are designed to monitor the capital requirements of the
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