13
September
Asia shrugs off global banking shake-up
13 September 2010 Yahoo News
Asian banks' shares rallied on Monday as regulators and investors shrugged off the biggest revamp to global banking rules in decades, confident that regional lenders were already in good shape.
The stricter new rules -- known as Basel III -- were agreed on Sunday at a meeting in Switzerland of international central bankers and regulators, who said they would avert any repeat of the devastating world financial crisis.
http://uk.finance.yahoo.com/news/asia-shrugs-off-global-banking-shake-up-afp-ebf503fb3535.html?x=0
