BIS’s Caruana recommends capital ratios of above 10% in booms
Banks should have to aim for a capital ratio of more than 10% in good times, with the Basel Committee on Banking Supervision likely to make a decision on an exact number next year, said Jaime Caruana the general manager of the Bank for International Settlements (BIS).
"In good times, we will certainly go beyond [10%]. But we must be aware that we cannot solve all problems through more capital," said Caruana in an interview with Handelsblatt, a German newspaper, published on Monday.
"For
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