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These rules have also closed loopholes that allowed banks to hold less capital, for instance by shifting assets off their balance-sheets or classifying them as trading assets.The massive increase in capital envisaged should show convincingly that the system itself is better buffered against loss.
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Asmara, Eritrea This African capital was envisaged by Mussolini's architects in the 1930s as a modernist experiment, with wide streets and bold buildings in soft peaches, blues and creams.
My entire family is at risk of being killed if we ever went back to Ghazni [his home town]." For now Victoria Square will be his home – just as it will for the vast number stuck in a capital they never envisaged staying in.
That the capital is still, as Henry Miller envisaged it back in the 40s, "in the throes of birth: awkward, confused, clumsy, unsure of itself" cannot be denied.
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The delegates at Bretton Woods envisaged a modestly capitalized international bank that would manage a system of exchange rates in a world where currencies were easily convertible but capital flows were kept under control.
The capital requirements were based on an "adverse" scenario envisaged in late 2011.
Kate Craig at Liberum Capital said: A disappointing development - we had envisaged a bid at around 550p a share versus our net asset value of 418p a share.
Almost all of the banks, regulators suggest, have enough capital overall to ride out even the worst-case scenario envisaged in the tests.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com