Banks should mull retreat from int'l operations: Kato.TOKYO, Sept. 21 Kyodo Former Secretary General of the ruling Liberal Democratic Party Koichi Kato Kōichi Katō is the name of two House of Representatives of Japan's members.
Kato said it is necessary for the banks to be bold
Be bold may refer to:
That would enable the banks to escape capital rules set by the Bank for International Settlements (BIS), he said. ''The financial situation in Japan has come close to a state of emergency,'' Kato told reporters. The BIS rules call for internationally active banks to keep capital equivalent to 8% of their risk-weighted assets Risk-Weighted Assets In terms of the minimum amount of capital that is required within banks and other institutions, based on a percentage of the assets, weighted by risk. Notes: The idea of risk-weighted assets is a move away from having a static requirement for capital. . |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion