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Basel III and Risky Banking Behavior: Too Little, Too Lenient, Too Late? 13 лет назад


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Basel III and Risky Banking Behavior: Too Little, Too Lenient, Too Late?

KNOWLEDGE AT WHARTON ARCHIVES: As the world haltingly recovers from the recession, regulators are struggling to modify the financial system to prevent another crisis. The latest effort: stricter capital requirements to help prevent large banks from collapsing under the weight of unexpected losses. While the new proposals -- called Basel III -- are designed to reduce risk-taking by assuring that banks continue lending in a weak economy, Wharton Finance professors Richard Herring, Franklin Allen, and others are skeptical that the new proposals will accomplish this goal. More on this interview: https://knowledge.wharton.upenn.edu/a... #basel3 #banking #wallstreet #financialcrisis

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