Fed's Bies on implementing Basel II

In the speech 'Implementing Basel II: Choices and challenges' given on 16 May Susan Schmidt Bies of the Federal Reserve said the Federal Reserve will conduct "ongoing, detailed" analyses to ensure new bank capital rules, when implemented, do not lead to imprudent capital levels at U.S. banks.

"Let me assure you that we at the Federal Reserve would not be pursuing Basel II if we thought that it would in any way undermine the strong capital base that U.S. institutions now have," Fed Governor Susan

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