Basel update shows biggest banks' CET1 position improving
The Basel Committee today published the results of its latest Basel III monitoring exercise, aimed at periodically reviewing the implications of the Basel III standards for financial markets. The results of previous exercises in this series were published in March 2013, September 2012 and April 2012.
A total of 223 banks participated in the current study, comprising 101 large internationally active banks (Group 1 banks, defined as internationally active banks that have Tier I capital of more
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