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German Push to Delay Basel Rules Hits U.S. Opposition

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U.S. and German regulators are fighting over how much time to give banks to comply with new capital ratios being pushed to prevent future financial crises.

The Basel Committee on Banking Supervision’s main governing body, meeting this weekend in Basel, Switzerland, will be pulled between U.S. demands to cap the implementation period at five years and German pressure to extend it to 10 years, four people with knowledge of the talks said.