BN 09/11 12:00 Banks Fall $456 Billion Short in Liquidity Rule Race, Basel Says
Banks Fall $456 Billion Short in Liquidity Rule Race, Basel Says
2014-09-11 12:05:30.609 GMT
By Jim Brunsden
Sept. 11 (Bloomberg) -- Banks are falling short, by EU353b
($456 billion), in their race to meet global rules that force
them to hold easy-to-sell assets to survive a credit squeeze.
* The liquidity coverage ratio, set by the Basel Committee on
Banking Supervision, enters fully into force in 2019
Story Link:NSN NBQK0D6S972A<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--With assistance from Ben Moshinsky in Milan.
To contact the reporter on this story:
Blanche Gatt in London at +44-20-7392-0351 or
bgatt@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
2014-09-11 12:05:30.609 GMT
By Jim Brunsden
Sept. 11 (Bloomberg) -- Banks are falling short, by EU353b
($456 billion), in their race to meet global rules that force
them to hold easy-to-sell assets to survive a credit squeeze.
* The liquidity coverage ratio, set by the Basel Committee on
Banking Supervision, enters fully into force in 2019
Story Link:NSN NBQK0D6S972A<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--With assistance from Ben Moshinsky in Milan.
To contact the reporter on this story:
Blanche Gatt in London at +44-20-7392-0351 or
bgatt@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net