Vickers report suggests capital increase for large UK institutions
Independent Commission on Banking recommends 10% core tier-one capital. Possible reduction with living will
Institutions could be forced to lay down extra capital as part of the core recommendations of the Independent Commission on Banking's report into financial reform in the UK.
The interim report, issued on April 11, sets out for consultation the first conclusions of the commission, led by economist John Vickers.
The Commission suggests systemically important banks and large retail banking operations be asked to hold as much as 10% tier-one capital, a substantial boost from the 7% already demanded
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