German Banks May Need $141 Billion Under Basel III

Germany's 10 biggest banks may need 105 billion euros ($141 billion) of additional capital under a revamp of banking rules designed to prevent future financial crises, the country's banking association said.
International banking regulators known as the Basel Committee will likely require banks to have a Tier 1 capital ratio of 6 percent, up from 4 percent, said the BdB banking association,...