Basel III sets stage for Landesbank reform / German banks warn Basel will weigh on profits

Participants in the Basel negotiations over bank capital, September 2010, say they believe German authorities used the talks as a way to press some of their country’s banks for a long-awaited restructuring.

It left the impression that Germany has been willing to try to use the Basel III process to strong-arm the public sector regional Landesbanken, seen as the weakest part of the German banking system.

Website: Association of German Banks http://www.german-banks.org/

Deutsche Welle, 20.9.10: State-run banks weigh merger options http://www.dw-world.de/dw/article/0,,6026476,00.html

Website: Deutscher Sparkassen- und Giroverband / German Savings Banks Association (DSGV) http://www.dsgv.de/en/index.html

Germany: Deutsche Bundesbank http://www.bundesbank.de/index.en.php

ESO: Background information: Turbulence feared as German lenders prepare for stress tests / Bank cash calls anticipated http://www.europeansources.info/record/turbulence-feared-as-german-lenders-prepare-for-stress-tests-bank-cash-calls-anticipated/

ESO: Background information: Bankers poised for Basel III accord http://www.europeansources.info/record/bankers-poised-for-basel-iii-accord/

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