Basel delay 'helping US banks' (Gulf Daily News)
Story date: 2007-12-15 06:13:38
Added on: 2007-12-15 19:00:05
WASHINGTON: Big US banks are in a better position to weather the subprime mortgage meltdown with reserves bolstered by a delay in implementing new international capital standards, Federal Deposit Insurance Corporation chief Sheila Bair said.
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