Tag Archives: Basel Accords

The Basel Accords Made Simple

“Basil?” “Yes, Sybil” always reminds me of these rules but they’re nothing to do with hoteliers in Torquay, more to do with overcooked bank lending. Basel, in Switzerland, is where the famous accords were agreed, a committee set up to decide how much capital banks needed to lend safely. The UK got on board with…
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