Since some banks stand to gain more than others, there could also be fresh industry jostling for further adjustments, they said. "You're going to get several hundred pages, possibly a thousand pages of documents," said Ian Katz, managing director at Capital Alpha Partners. Some big unknowns remainThe Basel rule implements an international capital standard, focusing on how banks allocate funds to credit risk, market risk and operational risk. The new Basel draft nixes several measures banks hated, including a requirement to comply with the stricter of two methods for measuring their risk capital, which penalized the Wall Street trading giants. Warsh has not taken a public stance on the capital rule changes, but generally favors a lighter touch.

Source: The Edge Markets March 18, 2026 11:09 UTC