Capital, politics and bank weaknesses. Jon Danielsson.

Capital, politics and bank weaknesses

June 27, 2011
A debate is raging on capital adequacy requirements for banks. The UK wants to be allowed to be on ‰ÛÏtop up‰Û the agreed levels, i.e. to impose stricter capital standards than the EU minimum. This column argues the UK is right, and that the German and French opposition might be motivated by weaknesses in their banking systems.

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