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Banks will be permitted to go below minimum liquidity levels during financial crises to avoid...

Banks will be permitted to go below minimum liquidity levels during financial crises to avoid cash-flow difficulties, although they'll have to hold emergency stocks of easy-to-sell assets, the Basel Committee said today. The panel rejected industry lobbying for a delay from the 2015 start date of the "liquidity coverage ratio."
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  • MexCom
    , contributor
    Comments (3043) | Send Message
     
    Sound like good news to me!
    9 Jan 2012, 07:33 AM Reply Like
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