Basel III reportedly would require 9% Tier 1 capital from banks

09/7/2010 | Reuters · Bloomberg

A draft proposal from the Basel Committee on Banking Supervision would require global banks to hold 9% Tier 1 capital, according to German newspaper Die Zeit. The requirement for Tier 1 capital has been 4%. The panel is scheduled to meet Tuesday to discuss Basel III, with the goal of finalizing it.

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