Dossier
Basel III
Coverage of Basel III in the Nexus archive.
- Mexico’s Banorte Raises US$ 1.35 Billion in Perpetual Capital Notes
Mexico’s Banorte raised US$1.35 billion through perpetual Additional Tier 1 capital notes in two tranches to strengthen its capital under Basel III regulations.
- Banks opine on new capital rules
US regulators have proposed overhauling capital requirements, allowing banks to keep less cash on hand, a priority for the industry after over a decade of debate. Banks are largely satisfied with the proposal, while progressives warn it could leave the financial system vulnerable. Trade associations seek to eliminate overlap between new rules and existing requirements for systematically important banks and the Federal Reserve’s annual stress tests.