World's biggest banks $80bn short of Basel III capital

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The world's 100 biggest banks remain $80 billion short of Basel III capital targets but cut the capital shortfall in half in the first six months of last year, according to a new study by the Basel Committee on Banking Supervision.

The results of the committee's sixth semi-annual monitoring exercise – in which the full impact of the Basel III reforms on bank's capital, leverage and liquidity buffers are gauged – showed the collected shortfall for internationally active banks with €3 billion in T

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