Basel II Accord will reshape global banking, says Mercer Oliver Wyman

The new regulatory framework will force some banks to improve their capital ratios, while giving others increased strategic flexibility, it says.

At a press briefing at their New York Headquarters on November 18, the consulting firm said that the Accord redistributes regulatory capital requirements at the product, customer, and geographic level, which would “lead to a shift in regulatory capital, in the short term, and a longer-term strategic impact via pricing, portfolio shake-outs, and pote