Top UK Banks May Need Extra $79 Billion As Basel 4 Emerges

Mani

Published onSeptember 12, 2013

Updated on May 13, 2021

The top eight U.K. banks could need to hold extra £50 billion ($79 billion) as the outline of Basel 4 emerges, KPMG warned in its recent report.

Table of Contents

Basel 3 implementation to safeguard banks

Though regulators across the world have fast-tracked the Basel 3 implementation to safeguard banks against financial crisis, KPMG feels Basel 4 may emerge from the mist.

Basel III by 2019

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Top UK Banks May Need Extra $79 Billion As Basel 4 Emerges

Basel 3 implementation to safeguard banks

Basel III by 2019

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