Build your professional network on facebook via our app Go to app
 
Posted in Community :

Credit Derivatives

 

Is it time for ‘Basel III’?

Created by : Gandhi Rajan, Sr. Associate, ICICI Securities  | 09 04 2008 21:09:17 +0000
Industry : Investment BankingFunctional Area : Derivatives(Markets)
Keywords : It Time BASEL Iii
Activity:  366 views;  last activity : 07 06 2010 20:18:09 +0000
Many banks already face so many risks that implementing Basel II as written will put them in a capital squeeze. They will either have to reduce risk by cutting back on lending, or sell more shares to give themselves a bigger capital buffer, or both. So the debate now is should we go for Basel III or not?
  
Share
 
 
  Rate : 
 
 
Yes Vs No
1
 
 
 
 
1
1
1
Support   Support
 
0
0
We need a Basel III for a new order. We are probably having recession and food price inflation at the same time. That is what makes this different. This is a serious financial crisis of our lifetime. It is the end of an era. The Basel II agreement that governs how banks have to maintain capital is totally misconceived. It will have to be reworked and we need a Basel III for a new order.

By Gandhi Rajan, Sr. Associate, ICICI Securities  | 09 04 2008 21:09:17 +0000
0
0
I think Basel II is fine. Basel II needs a fundamental rethink. That rethink must address the systemic issues that individual firms cannot, and recognize the homogenizing, pro-cyclical failings of consensus thinking. It may just be time for a Basel II to address each of the growing economic concerns, which will help in mitigating risk and formulating a robust financial regulatory environment conducive to non-volatile growth of the banking and financial services sector.
By Varun Sood, Associate, JP MorganChase  | 09 04 2008 21:09:53 +0000
Argue for "Yes"
Argue for "No"
 Found the debate "Is it time for ‘Basel III’?"  interesting ?  Suggest to your connections and communities  
Discovering Infinite Possibilities
Dicovering Infinite Possibilities
Viewers also viewed
I wonder which measure is the best one for measuring the actual return ot the capital being used...
 
0 referals 6 arguments, 1746 views
It is expected vs It is not expected
 
708 referals 7 arguments, 134 views
more...  
Recent Knowledge (75)
Property vs Silver/Gold
 
65 referals 4 arguments, 59 views
Yes, yes, yes vs No, no, no
 
55 referals 3 arguments, 23 views
Though the smaller coins are made vlaue less and printing of these are stopped, the arithmatical...
 
1961 referals 23 arguments, 186 views
more...  
Sponsored Jobs
More From Author
According to me, the volatility in USD/JPY in the recent times has fallen to the lowest level since October. As risky assets, the yen crosses and other high yielding currency pairs are very sensitive to the level of volatility in the foreign exchange...
The marketer should concentrate on the core brand or products. He should market only those product or brand which are likely to survive during the recession. And not spend anything on the product that will sink/die ( because spending time and money in...
The global financial crisis has hit Indian stock markets hard. This painful erosion of investor wealth and confidence is not the only fall-out in India of the global panic. The rupee has been depreciating rapidly against the US dollar, owing to...
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •