World Panel Backs Rules to Avert Banking CrisesQuicklink submitted by Sheila Samples Permalink
Become a Fan
|Top central bankers and bank regulators agreed Sunday on far-reaching new rules for the global banking industry that that more than triple the amount of capital banks must hold in reserve as a shield against financial disasters. But the new requirements could also dampen bank profits and strain weaker institutions.|
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.