Basel III could shift banks from trading to lending, Dugan says

08/5/2010 | Bloomberg

Banks could respond to the Basel Committee on Banking Supervision's proposed rules on capital and liquidity by shrinking their trading and becoming more active in lending, said Comptroller of the Currency John Dugan. "To the extent that some bank shrinks those activities instead of bearing the increased capital charge, that may not be the worst thing in the world," he said.

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