Basel III will cause ‘financial Darwinism’: BaFin’s Sanio
The Basel III package will lead to a "brutal form of financial Darwinism," with only the strongest banks being able to adapt to the changed regulatory environment, Jochen Sanio, Germany's top regulator, said on Thursday.
Sanio, who is the president of Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany's supervisory authority, said in Frankfurt that while bigger, stronger banks will be able to weather the tougher rules, weaker banks will have problems finding investors to provide
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Basel Committee
Risk Management
The bank, the vendor, the turrets and the golf day
After DBS switched supplier, a row broke out, raising questions about entertainment and influence
Receive this by email