Capital deductions an issue for US banks facing Basel III

Timothy Geithner

The implementation of new capital standards from the Basel Committee on Banking Supervision could be complicated for US banks by their reliance on mortgage-servicing rights (MSRs), according to analysts.

The Basel Committee is working to finalise the global capital and liquidity rules known as Basel III, ahead of a Group of 20 summit in November. On September 12, its oversight board of central bank governors and heads of supervision announced a "substantial strengthening" of global capital requi

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