Basle II accord won’t affect most US banks, says central banker


WHITE SULPHUR SPRINGS, VIRGINIA -- The Basle II bank capital accord will have virtually no impact on most US banks, US Federal Reserve Board vice-chairman Roger Ferguson said in late May.

The capital and regulatory structures being developed in Basle, Switzerland "will not affect the rules under which most, if not all, of the banks in this room will operate," Ferguson told the annual convention of the North Carolina Bankers Association in White Sulphur Springs.

In a speech on the increasing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here