Bundesbank's Dombret Confident in Reaching Basel Deal

Bundesbank's Dombret Confident in Reaching Basel Deal

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Interactive Video

Business, Social Studies, Physics, Science

University

Hard

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The transcript discusses the Basel III agreement, emphasizing the need for a global consensus in banking regulation. It highlights Germany's position on output floors and the importance of risk sensitivity. The discussion also covers capital charges and the necessity of compromise in negotiations. The US's involvement and the timeline for reaching an agreement are also addressed, with a focus on achieving a quality outcome over speed.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker express regarding the US negotiation team?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is more important than speed in the negotiation process?

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