(Reuters) - WASHINGTON, July 20 - After weeks of mounting
pressure from lawmakers and banks, U.S. regulators on Friday
announced agreement on a capital adequacy plan for the biggest
American banks under the international Basel II framework.
The Basel II pact aims to ensure that banks worldwide meet
similar requirements for matching their capital reserves to the
risks they face.
Read more at Reuters.com Bonds News
pressure from lawmakers and banks, U.S. regulators on Friday
announced agreement on a capital adequacy plan for the biggest
American banks under the international Basel II framework.
The Basel II pact aims to ensure that banks worldwide meet
similar requirements for matching their capital reserves to the
risks they face.
Read more at Reuters.com Bonds News
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