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Kenya's biggest bank, Equity Bank, wants a piece of the action.
In fact, the appointment of MPs to directorships had a negative effect on bank equity returns.
The Admati-Hellwig book focuses on bank equity capital, while people at the political level are arguing about bank size.
"I've stopped predicting the frequency of the delays," said Brent Erensel, director of Latin bank equity research at Deutsche Bank.
In my view, the Basel process for increasing bank equity capital is not sufficient and will not end up in a good place.
Unlike in England, it was possible to invest in bank equity as well as hold deposits, and the major banks had branch networks.
Similar(19)
Bank equities remain under pressure, however, with particular tensions surrounding Italian banks".
"Economically it is irrelevant but at least markets have had fun selling the euro and buying bank equities and peripheral bonds," said Alastair Winter, chief economist at Daniel Stewart.
What sellers soon realized was that the SEC was turning a blind eye to naked short-selling, thus adding even more pressures to beleaguered bank equities.
But Robert Pozen, head of Fidelity, one of America's biggest institutional investors, is not alone when he complains that less than 1% of investment-bank equity research comes with a "sell" recommendation.
Stockmarkets might also fall, denting banks' equity holdings further.
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