EU lawmakers struggle with Basel III

11/13/2012 | Wall Street Journal, The

Key divisions remain after several meetings by EU lawmakers regarding draft law to require banks to increase capital and liquidity, calling into question a year-end deadline. "I would suggest you take a look at the calendar. I think it's quite obvious that 1 January is quite dubious at the moment," said Philippe Lamberts, a member of the European Parliament's negotiation committee for the legislation.

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Wall Street Journal, The

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