(Reuters) - WASHINGTON, July 19 - Federal Reserve Chairman
Ben Bernanke said on Thursday he remains optimistic top U.S.
banking regulators will reach a consensus on an international
capital adequacy plan under the Basel II framework.
"I think the Basel II approach, with perhaps with some
modifications but in essence what was agreed upon with the
international banking authorities, is the right approach for
providing that kind of capital base protection," Bernanke told
the Senate Banking Committee.
Read more at Reuters.com Bonds News
Ben Bernanke said on Thursday he remains optimistic top U.S.
banking regulators will reach a consensus on an international
capital adequacy plan under the Basel II framework.
"I think the Basel II approach, with perhaps with some
modifications but in essence what was agreed upon with the
international banking authorities, is the right approach for
providing that kind of capital base protection," Bernanke told
the Senate Banking Committee.
Read more at Reuters.com Bonds News
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