Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (firstname.lastname@example.org) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Financial protectionism and US intransigence blight the Basel III drive, testing the mettle of Basel’s chief cheerleaders, Bank of England governor-designate Mark Carney and Swedish central bank governor Stefan Ingves. The post-Lehman bid to craft harmonized global banking standards is under severe strain amid a global policy rift and fierce lobbying.