EU Said to Consider Delaying Basel Bank Rules

The European Union may consider pushing back when lenders need to start phasing in tougher Basel bank-capital rules by as much as a year after warnings that pressing ahead with the original timetable may drive up costs, according to three people familiar with the talks.

Wealth Management and the State of the Banking Sector
11:06 - Alan Higgins, chief investment officer at Coutts & Company, discusses wealth management and the outlook for the banking sector as a whole. He speaks with Manus Cranny and Caroline Hyde on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
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