“Today’s news flow on debt sales in Europe is giving some relief,” said Roberto Campani, senior portfolio manager at Pioneer Investments in Dublin, which manages the equivalent of $236 billion. “We are in a situation where the swinging from risk-on to risk-off is a bit too quick as skepticism over a self-sustainable economic recovery and concern over a double-dip in western markets persist."
Basel Capital Ratio Compromise Reached, Zeitler Says
Policy makers are seeking to raise the quality and quantity of reserves held by banks to avoid another financial crisis. Governments have been wrangling over the details with France and Germany among those concerned that their banks and economies wouldn’t be able to bear the burden of tougher capital requirements until economic recoveries took hold. Group of 20 leaders meet in November in Seoul to approve the rules.
Basel Capital Ratio Compromise Reached, Zeitler Says
Policy makers are seeking to raise the quality and quantity of reserves held by banks to avoid another financial crisis. Governments have been wrangling over the details with France and Germany among those concerned that their banks and economies wouldn’t be able to bear the burden of tougher capital requirements until economic recoveries took hold. Group of 20 leaders meet in November in Seoul to approve the rules.
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