Basel IA to attract large US regional banks
Improvised rule to miss national and local banks, say report
Basel IA will appeal primarily to large regional US banks and be roundly ignored by national, international and local institutions, according to a new report.
Basel IA: A Fork in the Road, released by international ratings agency Fitch Ratings, claims that the enhanced and more sophisticated US version of Basel I will find a greater audience among banks with a large regional presence since it offers greater risk sensitivity than the original 1988 Accord, yet without the onerous time, monetary and
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