London, UK (PRWEB) May 15, 2013
SNL Financial Report: Basel III at European Banks
SNL Financial takes a look at the capital positions of major European banks under Basel III rules as of Dec. 31, 2012, and March 31.
Excerpt: Multiple banks improved their capital buffers between year-end 2012 and March 31, as SNL data shows. Credit Suisse was up 60 basis points and Crédit Agricole SA 60 basis points. Improvements in the U.K. include HSBC Holdings Plc at 70 basis points, Barclays Plc at 20 basis points, Royal Bank of Scotland Group Plc at 20 basis points and Lloyds Banking Group Plc at 10 basis points. However, apart from HSBC, British banks have the lowest Basel III capital ratios among their European peer group.
Read the full report: http://www.snl.com/InteractiveX/Article.aspx?cdid=A-17646135-12079