UPDATE 1-Fed to vote Tuesday on US bank capital rules

UPDATE 1-Fed to vote Tuesday on US bank capital rules
The Fed, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp proposed rules last June to implement a global capital agreement known as Basel III. That accord is a key part of efforts by international regulators to make …
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Local banks on par with global players
However, the execution of the bank's regulatory framework based on Basel III and the increase of global competition is expected to put pressure on the adjusted trial balance of local banks . Reporter Cerenna Manickam discusses with Ernst & Young …
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