Basel II will have profound effect on US banks, says regulator

BASEL II UPDATE

ORLANDO, FLORIDA -- The Basel II capital accord will have profound implications for risk management techniques and capital management in the larger US banks, a leading US banking regulator said in late October.

The complex and risk-based Basel accord was just one of the challenges facing the US banking industry and its regulators, US Federal Deposit Insurance Corporation (FDIC) chairman Donald Powell said.

Corporate governance was another issue in which the FDIC was involved and which the agen

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: