Basel III: An Overview and a Warning
today’s globalized financial markets are a far cry from the much simpler banking environment that Basel I, and by extension Basel II and Basel III, aimed to regulate, and
no matter what the Basel Committee say, the different governments, particularly those in the West, continue to shield their badly wounded big global banks which they saved from bankruptcy through the use of lavish amounts of taxpayers’ money.
KeywordsFinancial Crisis Banking Industry Hedge Fund Capital Requirement Capital Ratio
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