Mar

11

(AFX UK Focus) 2010-03-10 14:33 REFILE-ECB’s Weber: Basel rules best basis for bank reform (Interactive Investor)

Filed Under Banker Bailout 

FRANKFURT, March 10 (Reuters) – Future banking regulations should be an improved version of existing rules, while ideas to cap the size of banks and set up bank bailout funds are flawed, European Central Bank Governing Council member Axel Weber said on Wednesday. In a speech due to be given at Trinity College in Dublin, Weber said that the recovery from the financial crisis had “finally set in …

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