BOE’s Jenkins Says Higher Bank Capital May Benefit Shareholders
Robert Jenkins, a member of the Bank of England’s interim Financial Policy Committee, said higher rules for bank capital may benefit shareholders.
“Higher equity in the balance sheet mix, would likely be positive for shareholder value in the long run and possibly even the short run,” according to remarks he made at the International Centre for Financial Regulation conference in Berlin on Oct. 19 and published today.
“It is not only in the interests of regulators and taxpayers to increase capital requirements, it may very well be in banks shareholders interests as well,” he said.
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