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Basel II

Spanish sensibility

BBVA's global head of operational risk, Jordi Garcia, takes a pragmatic, hands-on approach to managing the Spanish bank's op risk. Duncan Wood talks to this veteran of the industry about the unique quality of Spanish loss data, Basel II and life at the…

Banks urge review of pro-cyclicality rules

The subprime crisis has sparked fears that regulators might insist banks hold higher regulatory capital, a result some bankers insist would choke off lending and push the global economy into a recession.

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