Banks to be forced to boost liquid assets

Banks to be forced to boost liquid assets Global banking regulators will press ahead with the first worldwide effort to force banks to hold more liquid assets and cut back the industry’s reliance on short-term funding, despite complaints that the rule changes could damage the broader economy, the new chairman of the Basel Committee on Banking Supervision has warned
http://link.ft.com/r/H60H77/EXQNAZ/GKXE28/166V6L/WT663L/VU/h?a1=2011&a2=10&a3=9