New bank regulations aren’t helping mitigate financial market risk, reports Financial Times, with “the requirements of the Basel III regime [haven] fallen well short of what’s needed to prevent [another] systemic catastrophe.
It adds big banks’ arguments in support of expensive equity capital are losing their luster since officials are now demanding they have higher equity capitals then even regulators require. Read more.
Also read:
Banks are never too-big-to-fail
An institution is never too-big-to-fail, and one of the dangers of adopting this mentality is the loss of consumer confidence in the resiliency of their country’s banks.
Bloated financial sectors weigh on economies
Modern economics says a healthy financial sector is needed for strong economic growth.
SEC may become more aggressive
We may soon see intense SEC regulatory actions against large U.S. corporations.