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Fed's next bank overseer seen ending Basel III standoff

Randal Quarles could prove to be more flexible than his predecessor in the role, Daniel Tarullo

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Mr Quarles, who is awaiting confirmation as the Federal Reserve's vice-chairman for supervision, is regarded as a potential game-changer in the negotiations between EU nations and the US.

New York

BANK regulators, worn down after a year of butting heads over new global capital rules, see a glimmer of hope emerging in Washington in the form of Randal Quarles, who's awaiting confirmation as the US Federal Reserve's top bank overseer.

With European countries led by...

sentifi.com

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