Daily News: January 5, 2015

Basel Watchdog Wants Standardized Measure of Banks’ Capital

Reuters reported global regulators have outlined measures to ensure capital held by banks does not fall below a certain level and to adopt a more consistent approach across the industry to measuring risk.

According to Reuters , regulators on the Basel Committee are concerned that inconsistencies in the way big banks calculate the size of their capital buffers undermines investor confidence in their capital ratios, a key measure of lenders’ financial health.

To read the entire Reuters article, click here.