The top 35 U.S. banks will be short of between $100 billion and $150 billion in equity capital after the new Basel III global bank regulations are imposed, with 90% of the shortfall concentrated in the biggest six banks, according to Barclays Capital. The BarCap study assumes the banks will need to hold top-quality capital equal to 8% of their total assets, adjusted for risk.
US banks face $100 billion Basel III shortfall
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