1. Banks Pile Into Safer Bets.
- Author
-
Mollenkamp, Carrick, Rappaport, Liz, and Lucchetti, Aaron
- Subjects
- *
BANK capital , *RISK management in business , *BANKING industry - Abstract
The article reports that investment banks in Europe and the U.S. are shifting toward business models that involve less risk. Contributing factors include tighter regulation and a reduction in securities-trading volume. Swiss bank authorities have recommended higher capital requirements than called for by the Basel Committee on Banking Supervision, and regulators in other nations could follow suit.
- Published
- 2010