Banks cheer as Basel waters down LCR plans
Bank shares surged and the industry cheered this week after the Basel Committee for Banking Supervision expanded the range of assets eligible for liquidity coverage ratio (LCR) buffers and delayed implementation of the new rules, writes Will Caiger-Smith.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts