Barnier will question U.S. about Basel III postponement

11/20/2012 | Wall Street Journal, The

Michel Barnier, the EU's internal-market commissioner, plans to discuss US regulators' decision to delay implementation of Basel III with US authorities. "I plan to make formal approaches to the American authorities," Barnier said. "Here in Europe, we have decided to reinforce the solidity of our banks for our own sake."

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