Twenty-Eight Banks Qualify for Basel’s Too-Big-to-Fail Surcharge

Twenty-eight banks would face capital surcharges if international rules to rein in too-big-to-fail lenders were applied today, global regulators said.

The Basel Committee on Banking Supervision disclosed how authorities will apply the levies for the world’s most systemically important banks, guiding investors in calculating extra funds that the lenders must raise. The Financial Stability Board yesterday published separate plans to ensure the orderly winding down of failed banks and shield taxpayers from bailing them out.