Banks lift their grade in Basel's report card

The Basel Committee's latest report card shows the world's banks are still short on capital and liquidity, but the majority have improved their positions. That's good news for struggling Europe.

The latest Basel Committee report card on the state of the world’s banks issued this week shows that they are still short of capital and liquidity, but that overall their position is improving quite rapidly.

Not surprisingly, the region with the banks that represents the larger part of the shortfall is the eurozone. However, even there the shortfall in capital required has been shrinking to more manageable proportions.


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