Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Market Pulse: French, German banks get Basel break

Monday, January 07, 2013 - 04:15

Jan. 7 - German and French banks will benefit most from the relaxation of liquidity rules, says Reuters senior banking correspondent Steve Slater.

▲ Hide Transcript

View Transcript

It's all about the bombings today has exclusively prods you -- -- those unconfirmed over the weekend. -- are given more breathing space to meet liquidity targets. Investors like what we see European financial challenge ahead continue to Tivo and this is today's market pulse -- -- -- -- -- -- city senior. I can correspondents. -- -- Reuters Steve Marcus getting this sad news from Basel over the weekend the thumbs up. But doesn't just underlying hope we can find so Europe's banking system and economy that well yet is what might look at undoubtedly reason why they've relaxed these liquidity rules is because. Of concerns about Euro zone economy. The water either if I had put in place these rules. Then banks who were treated more and stop lending through domestic economy so yes. It is reflection on on how we eurozone economies -- so long to -- that this might be so it's great news for investors. Banks quote. For the economy in particular it's it's pretty weak US troops at a bank who is twelve quite positive in that. It shows that speculation on Obama street for a couple of years we've had toughening. Kept the rules and these. Quite quite harsh. Acquitted he was coming. -- proposed to come in now it seems that by rule relaxing some areas because the economy. Is in such dire straits -- but they can't. Push on on on the visit the signs on the state about people why I'll be relaxing and who was and constraints in the minds because it was -- financial crisis a huge crisis. The phones have beat him placed and it seems like what pulling back. Yet but that's these young human over all the little politicians and a lot of regulated the banks would all -- that there's too much coming to frost. They they want a few more orderly. Process of deleveraging shrinking their balance sheets -- try to do -- all mixed who have for years when the economy needs a -- lending and and Altman is that. To put in place these measures would have really restricted any lending to utmost domestic companies in the -- doubled us that the question isn't it. Are buying is going to stop lending again. I doubt it I I think what is -- to ease ease the pressure on them to stop lending -- deleveraging. But it looks like. But they want this facility. You know open the flood Dyson start lending. Freely walking -- who mine a couple of tough couple years. But they should prevent a young of the group retrenchment by upon me neither might your banks can just to finish up. All banks doing. Tutsi wealth two day total. Up in positive territory but which ones -- which country's banks do you think will benefit most from the relaxation in the -- with the French and the German banks and the because beneficiaries they were under the most. Challenged it to -- these new requirements that I you've. They they've had a good up with this morning. Okay Steve thank you very much. Well she doesn't actually buying come on to get husky up as much as 70% today. I'm not just on these new Basel liquidity rules chief executive Fabrizio -- quoted in an Italian newspaper today. A saying that I can return to profit and can avoid the state taking sticking it want to Kosuke is at least third largest bank. And the oldest surviving -- in the world. I'm staying with bikes on the state and -- today and 1718. To the bank of North America opened this course for business. Making it the United States for -- commercial bank. It was based in Philadelphia but despite the bank's success the Pennsylvania legislature. Moved to outlaw private banks and states. And in the state product this late two schools of the -- bankers setting up shop and what was to become the nation's financial sense -- New York City. -- say when it would be be without them. That was today's market pulse but -- and at this time -- -- -- -- the effects of -- markets and white. I'm aging -- this has brought.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Market Pulse: French, German banks get Basel break

Monday, January 07, 2013 - 04:15

Top News »

Most Popular »

Editors' Picks »

Oddly Enough »

Riding a bike "side-saddle" Riding a bike "side-saddle"

Thu, 18 Sep, 2014 - (1:10)

Celebs speak up in Scottish independence debate Celebs speak up in Scottish independence...

Tue, 16 Sep, 2014 - (1:29)

Flying a plane using power of the mind Flying a plane using power of the mind

Tue, 16 Sep, 2014 - (1:55)

Philippines breeds its first baby penguin Philippines breeds its first baby penguin

Tue, 16 Sep, 2014 - (1:18)

Nowhere to hide for this horror film Nowhere to hide for this horror film

Mon, 15 Sep, 2014 - (0:48)

Mexico dishes up creepy crawly fare Mexico dishes up creepy crawly fare

Sun, 14 Sep, 2014 - (1:31)

Lion cubs the pride of San Diego Zoo Lion cubs the pride of San Diego Zoo

Sat, 13 Sep, 2014 - (0:46)

Holy cow, get me outta here! Holy cow, get me outta here!

Tue, 09 Sep, 2014 - (0:21)

Enough tacos to feed a village Enough tacos to feed a village

Mon, 08 Sep, 2014 - (0:46)

Giant rabbit just laying about in Taiwan Giant rabbit just laying about in Taiwan

Mon, 08 Sep, 2014 - (1:07)

This is one very large order of beer This is one very large order of beer

Mon, 08 Sep, 2014 - (1:24)

Cockatoos learn carpentry skills from peers Cockatoos learn carpentry skills from peers

Sun, 07 Sep, 2014 - (2:13)

Sports And Leisure »

Wireless charging technology comes to Formula-E racing Wireless charging technology comes to...

Fri, 12 Sep, 2014 - (1:44)

Sports Spread: Premier League preview and predictions Sports Spread: Premier League preview and...

Thu, 11 Sep, 2014 - (10:58)

Sports Spread: F1, Football, Flushing Meadow Sports Spread: F1, Football, Flushing Meadow

Thu, 04 Sep, 2014 - (10:20)

Sports Spread: Premier League Preview Sports Spread: Premier League Preview

Thu, 28 Aug, 2014 - (10:48)

Say I love you with a selfie, begs Paris Say I love you with a selfie, begs Paris

Thu, 14 Aug, 2014 - (1:43)

Kobe schools Chinese on the court Kobe schools Chinese on the court

Thu, 31 Jul, 2014 - (0:48)

From elites to music lovers, what makes Verbier special? From elites to music lovers, what makes...

Thu, 31 Jul, 2014 - (1:53)

Brazilian football legend Neymar says recovering well Brazilian football legend Neymar says...

Thu, 31 Jul, 2014 - (0:52)

Sports Spread: Football famine, F1 feast Sports Spread: Football famine, F1 feast

Thu, 24 Jul, 2014 - (11:34)

The Open 2014: Who'll win the Claret Jug? The Open 2014: Who'll win the Claret Jug?

Thu, 17 Jul, 2014 - (9:17)

Long 'to do' list for Russian World Cup Long 'to do' list for Russian World Cup

Tue, 15 Jul, 2014 - (2:26)

German football team arrives to a hero's welcome in Berlin German football team arrives to a hero's...

Tue, 15 Jul, 2014 - (0:46)

Germany fans celebrate World Cup victory outside Maracana Germany fans celebrate World Cup victory...

Mon, 14 Jul, 2014 - (1:23)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

Breakingviews: Soccer Prophet? Breakingviews: Soccer Prophet?

Fri, 11 Jul, 2014 - (7:20)

World Cup: Who will win the final? World Cup: Who will win the final?

Thu, 10 Jul, 2014 - (10:13)

Boom or bust for World Cup hosts? Boom or bust for World Cup hosts?

Tue, 08 Jul, 2014 - (2:47)

Dateline Asia »

iPhone black market surges in Hong Kong iPhone black market surges in Hong Kong

Fri, 19 Sep, 2014 - (1:50)

Breakingviews: Alibaba priced for believers Breakingviews: Alibaba priced for believers

Fri, 19 Sep, 2014 - (3:09)

Sterling jumps, on Scottish vote Sterling jumps, on Scottish vote

Fri, 19 Sep, 2014 - (2:56)

Rare rock on the block in Hong Kong Rare rock on the block in Hong Kong

Thu, 18 Sep, 2014 - (1:43)

Alibaba IPO is 'overhyped': Mark Mobius Alibaba IPO is 'overhyped': Mark Mobius

Thu, 18 Sep, 2014 - (4:13)

China tech players chip away at Alibaba China tech players chip away at Alibaba

Wed, 17 Sep, 2014 - (4:02)

Breakingviews: India hits Japan/China radar Breakingviews: India hits Japan/China radar

Wed, 17 Sep, 2014 - (2:20)

Asia corporate sentiment is slipping Asia corporate sentiment is slipping

Wed, 17 Sep, 2014 - (1:36)

Alibaba's China roadshow Alibaba's China roadshow

Mon, 15 Sep, 2014 - (2:16)

Asia Week Ahead: Xi Jinping gets down to business in India Asia Week Ahead: Xi Jinping gets down to...

Fri, 12 Sep, 2014 - (1:56)

Vancouver 'unaffordable'? Not in China Vancouver 'unaffordable'? Not in China

Thu, 11 Sep, 2014 - (3:16)

Breakingviews: Export shortfall damaging emerging economies Breakingviews: Export shortfall damaging...

Thu, 11 Sep, 2014 - (2:33)

Hong Kong democracy - the facts Hong Kong democracy - the facts

Thu, 11 Sep, 2014 - (1:26)

Breakingviews: Get to know the Alibaba valuation calculator Breakingviews: Get to know the Alibaba...

Wed, 10 Sep, 2014 - (3:30)

Abe looks to Japan's consumers Abe looks to Japan's consumers

Tue, 09 Sep, 2014 - (1:45)

Corruption crackdown gives rise to a new mooncake in China Corruption crackdown gives rise to a new...

Mon, 08 Sep, 2014 - (2:09)

Asia Week Ahead: China trade to reveal recovery pace Asia Week Ahead: China trade to reveal...

Fri, 05 Sep, 2014 - (1:22)

Breakingviews: Beijing signals no more 'hands-off Hong Kong' Breakingviews: Beijing signals no more...

Mon, 01 Sep, 2014 - (3:08)

Flying kangaroo Qantas looks to loyalty program for cash Flying kangaroo Qantas looks to loyalty...

Sun, 31 Aug, 2014 - (2:36)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)

Lessons of the Jihad Jane case - Reuters Investigates Lessons of the Jihad Jane case - Reuters...

Mon, 10 Dec, 2012 - (3:43)

Exclusive: Jihad Jane in her own words Exclusive: Jihad Jane in her own words

Sun, 09 Dec, 2012 - (4:11)

Attorney: How a Maryland teenager became radicalized - Reuters Investigates Attorney: How a Maryland teenager became...

Fri, 07 Dec, 2012 - (4:21)

Counselor: Jihad Jane at 17 - Reuters Investigates Counselor: Jihad Jane at 17 - Reuters...

Fri, 07 Dec, 2012 - (4:17)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, 06 Jun, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, 30 May, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, 14 Apr, 2014 - (3:28)

360° snapshot of life in Kabul 360° snapshot of life in Kabul

Fri, 04 Apr, 2014 - (1:26)

A blind teenager, living with vision A blind teenager, living with vision

Thu, 27 Mar, 2014 - (3:51)

TIMELAPSE: Backstage at the Oscars TIMELAPSE: Backstage at the Oscars

Wed, 05 Mar, 2014 - (2:49)

TIMELAPSE: Lunch with Oscar nominees TIMELAPSE: Lunch with Oscar nominees

Wed, 12 Feb, 2014 - (2:55)

Sochi Highlights: Let the games begin Sochi Highlights: Let the games begin

Fri, 07 Feb, 2014 - (0:40)

TIMELAPSE: On the Golden Globes red carpet TIMELAPSE: On the Golden Globes red carpet

Tue, 14 Jan, 2014 - (3:28)

Pictures of the Year 2013 Pictures of the Year 2013

Fri, 20 Dec, 2013 - (3:03)

Marching to the beat of Sousa's drum Marching to the beat of Sousa's drum

Fri, 06 Dec, 2013 - (6:11)

The Gettysburg Address The Gettysburg Address

Thu, 28 Nov, 2013 - (2:31)

Making Gruyere: A family affair Making Gruyere: A family affair

Wed, 16 Oct, 2013 - (5:06)

Abortion: After the decision Abortion: After the decision

Tue, 17 Sep, 2013 - (5:46)

A Hollywood Timelapse A Hollywood Timelapse

Tue, 23 Jul, 2013 - (2:24)

Idaho's militia training Idaho's militia training

Wed, 17 Jul, 2013 - (5:04)

Tornado survivors of Moore, Oklahoma Tornado survivors of Moore, Oklahoma

Fri, 07 Jun, 2013 - (5:25)

24 hours in Taksim Square 24 hours in Taksim Square

Fri, 07 Jun, 2013 - (1:00)

A Zeppelin flashback A Zeppelin flashback

Wed, 05 Jun, 2013 - (6:50)