Wheeler Says U.S. Banks May Not Be Ready for Basel III (Audio)

Christopher Wheeler, a Mediobanca SpA analyst in London, says a Federal Reserve delay in requiring U.S Banks to comply with Basel 3 capital rules suggests the "banks are not ready to go." Wheeler talks with Bloomberg's Vonnie Quinn and Mark Mills on Bloomberg Radio's "Bloomberg - The First Word."

(Source: Bloomberg)

Running time 06:54

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