|Author (Person)||Jenkins, Patrick|
|Series Title||Financial Times|
Report of a FT interview with Andrea Enria, chairman of the European Banking Authority, July 2012.
His remarks raised the bar for banks' capital requirements, insisting that the 9% capital ratio they had to hit as a 'temporary buffer' by June 2012 is to become permanent. He said that 'capital conservation' was his priority, with the eurozone crisis persisting and the six-year phase-in of Basel III global capital standards set to begin in 2013.
|Subject Categories||Business and Industry|
|Countries / Regions||Europe|