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Clive Crook: The Fight Over Bank Capital Keeps Missing the Point


Pay attention to what the economists Anat Admati and Martin Hellwig have been saying for years: Focus on leverage not risk-adjusted assets. US financial regulators have been working on what’s optimistically known as Basel III Endgame – the long, slow effort to reform global banking rules following the crash of 2008. They’re apparently getting

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Posted: March 25, 2024 Monday 06:00 AM