Old Project Avalon Forum (ARCHIVE) - View Single Post - someone familiar with Basel II comment on this article

Zarathustra · 09-30-2008, 11:17 PM

Steve,

"The US has only adopted Basel II’s rules for its largest and international ‘core banks’ – such as Citigroup, JP Morgan and Bank of America. The comptroller of the currency said a rule for smaller banks could be expected in the second quarter of 2008."

Those are the 3 banks buying everything up right now, eh?

09-30-2008, 11:17 PM	#6
Zarathustra Avalon Senior Member Join Date: Sep 2008 Location: Eastern U.S. Posts: 429	Re: someone familiar with Basel II comment on this article Steve, "The US has only adopted Basel II’s rules for its largest and international ‘core banks’ – such as Citigroup, JP Morgan and Bank of America. The comptroller of the currency said a rule for smaller banks could be expected in the second quarter of 2008." Those are the 3 banks buying everything up right now, eh?