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GC Asia
Five Of Largest Banks Would Fail New Basel Requirements
Fitch Ratings estimates that five of the world’s 46 largest developed market banks would fail the new capital requirements adopted by the Basel Committee on Banking Supervision.
Fitch Ratings estimates that five of the world’s 46 largest developed market banks would fail the new capital requirements adopted by the Basel Committee on Banking Supervision. When adding the 2.5% conservation buffer that Basel tacked on, that number rises to 17, according to credit rating agency. Fitch
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