Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Regulator Wants to Curb Bank’s Leeway to Calculate Risk, FTD

Don't Miss Out —
Follow us on:

July 11 (Bloomberg) -- The Basel Committee on Banking Supervision may require banks to apply a standardized format to calculate their credit default risks in addition to internal valuation models in order to meet their capital requirements, Financial Times Deutschland reported.

This would prevent banks understating their capital needs as both set of numbers would be published and show how much capital a bank saves when using an internal model, the FTD said, citing an interview with the Wayne Byres, secretary general of the committee.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.