Exact(27)
Common Tier 1 equity, a measure of capital, fell to 9.7 percent from 10 percent.
European regulators are expected to push banks to raise their Tier 1 equity ratio, a measure of reserves on hand, to 9 percent by June at the latest.
Reuters reported Friday that the European Banking Authority would require banks to have core Tier 1 equity equal to 5 percent of assets.
According to Helaba, the banking agency said it did not have time to scrutinize whether the state aid qualified as core Tier 1 equity.
The authority will also narrow its definition of so-called core Tier 1 equity, considered the most durable form of reserves.
New global banking guidelines call for such capital to be phased out as a component of so-called core Tier 1 equity, the most bulletproof form of reserves.
Similar(33)
HSBC said the new funds would raise its tier-1 equity ratio, a measure of financial strength, to 9.8percentt from 8.3percentt.
1st Equity.
Rep. 498; equity rule 94, Supreme Court.
Each A.D.S. represents 3 equity shares.
£208m: Government equity investment in pre-credit crunch schemes £562m: Equity invested in rescue packages so far £31m: Equity clawed back from all equity investment since 2006.
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