DJ Solomon is the new bank CEO. Like his counterpart at Citi. Solomon and Fraser are new influencers on Wall Street. And there is more to the achievements of Solomon if you consider it from this angle.
Just this month the Bank of England’s Prudential Regulation Authority (PRA) published a consultation paper on the implementation of Basel III standards. The PRA are seeking to enhance bank’s regulatory obligations regarding minimum capital ratios and liquid asset holdings.
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