Nobody could have seen this coming: Implementation of Basel III by the eurozone isn't happening...

|By:, SA News Editor

Nobody could have seen this coming: Implementation of Basel III by the eurozone isn't happening in January. "It is unrealistic" to expect such, says the Bundesbank's Andreas Dombret. His best guess is for the middle of 2013. The U.S. has already postponed indefinitely its implementation of the rules.