VIDEO | by Reuters

Bank Liquidity Rules Watered Down

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VIDEO DESCRIPTION:
It was a reform that was supposed to show the banks who's boss - a liquidity standard all banks across Europe would have ...
to meet. But what began as an aggressive clampdown, has suddenly gone soft. Industry regulator - the Basel committee - has relaxed an original plan for minimum cash reserves by giving banks more time and more flexibility. Despite the tough-talking, Michael Hewson from CMC markets says regulators would always have to back down.
Posted: 01/07/2013 | Views: 880 | Duration: 02:08
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