Banks May Face 10% Basel Capital Burden Increase, Heim SaysBy and
Societe Generale’s Heim commented on Basel revamp in New York
Basel debate focused on defining ‘significant’ increase
Banks may face an increase of about 10 percent in their capital requirements as a result of the overhaul of risk-assessment rules under way at the Basel Committee on Banking Supervision, according to Philippe Heim, chief financial officer of Societe Generale SA.
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