U.S. banks face as much as a $150B capital shortfall once Basel III goes into effect, according...

|By:, SA News Editor

U.S. banks face as much as a $150B capital shortfall once Basel III goes into effect, according to a BarCap study that assumes a tier one capital ratio of 8%. The country's top 35 banks will also need to come up with another $500B in cash and easy-to-sell assets to meet liquidity requirements that take effect in 2015.