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Clampdown likely on banks' 'excessive' risk-model variation

Basel to publish report on variability in models banks use to assess credit risk, measure capital needs

Bankers including Jamie Dimon (above), chief executive officer of JPMorgan Chase & Co, have said that flexible implementation of previous rounds of Basel rules in the European Union has allowed the region's lenders to hold less capital against some assets than their US counterparts.


GLOBAL regulators are preparing to narrow banks' options for assessing credit risk in a bid to prevent the understatement of possible losses.

The Basel Committee on Banking Supervision will publish a report by early November on "excessive" variability in the models banks use