Fed's Bies on sound capital and risk management

In the speech 'Sound capital and risk management' given on 29 March Susan Schmidt Bies of the Federal Reserve said the Fed is committed to maintaining strong bank capital levels as institutions make the transition to standards under new Basel II capital rules.

Addressing concerns that Basel II might substantially lower capital requirements at banks, Bies said the Fed is focused on ensuring the new rules - which in the United States only affect around two dozen of the largest institutions - would

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