By John Poirier. The rules are aimed at determining how much capital banks need to hold to counter a downturn in economies or other financial shocks. Late last year, U. Smaller banks have warned that Basel II could hurt less-sophisticated institutions by setting higher minimum capital standards for them than for larger competitors.
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Living in Basel
US OCC head says next 6 months critical for Basel | Reuters
Basel is a good place to live. The city is compact. You can go anywhere really quickly — by bicycle, by tram, bus, train, or car. The city of Basel has a population of about ,, with a metropolitan area of about , inhabitants. And yet there is everything you would expect of a big city: arts and theatres, restaurants and an exciting night life, an interesting mix of people from all over the world, international corporations and innovative small enterprises.
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Living in Basel: an expat guide
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