Letter. Worrying reduction of capital levels
Wolfe, Simon (2007) Letter. Worrying reduction of capital levels. Financial Times. November 14 2007, p.14.
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Sir, At first glance it might appear embarrassing for the Financial Services Authority that it recently granted Basel II IRB waiver to Northern Rock in June 2007. The impact of this was to permit Northern Rock to increase its gearing capacity as the capital requirement under IRB is significantly less than under the standardised approach.
|Subjects:||H Social Sciences > HG Finance|
|Divisions:||University Structure - Pre August 2011 > School of Management
|Date Deposited:||23 Jun 2008|
|Last Modified:||27 Mar 2014 18:34|
|RDF:||RDF+N-Triples, RDF+N3, RDF+XML, Browse.|
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