Basel II delay will cost more to US banks

NEW YORK – The delayed implementation of Basel II in the US will make it more costly for American core banks to adopt the international capital standards, according to Adam Gilbert, managing director, global credit risk management group at JP Morgan Chase.

Gilbert says the delay poses potential complications in home-host issues as US banks operating in other countries and foreign banks operating in the US have to implement the Basel II Accord over different timelines.

"Not only does this decision make Basel implementation more expensive for banks to run, it also means that we will keep Basel I an additional two years while the other countries will not. Everyone agrees Basel I is a bad piece of legislation, but we won’t be able to do away with it

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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