Big German banks to pay dearly for Basel II - Buba

Bundesbank council member Edgar Meister has said large German companies will pay heavily under the new Basel II regime as they will have to set aside billions of euros in additional capital to buffer against surprise losses.

Source: Reuters

German blue chip banks will pay dearly for weakness in the economy under the new Basel II regime now being hammered out by global financial regulators, the Bundesbank said on Tuesday.

Germany's big banks, slogging their way through the deepest earnings troubl

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