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Modern banking systems hold fractional reserves against deposits.
Mr Scholes favours relying less on VAR to calculate capital reserves against losses.
If non-performing, lenders must build up reserves against potential losses.
He continued: "Suppose we were to require banks to hold 100 percent reserves against demand deposits.
Carteret scrambled, selling branches and increasing its reserves against bad loans.
Policing unfenced reserves against ever-growing numbers of pastoralists is demonstrably too expensive for African states.
On Thursday, the county said it would not pledge reserves against the swaps.
Qualcomm recorded $595 million in charges relating to reserves against certain Globalstar-related assets.
With banks short on revenue, they cannot apportion enough for reserves against future loan losses.
Citigroup added nearly $4 billion to its reserves against future loan losses.
New rules to forcing bankers told more capital reserves against their trading books were introduced after the last financial crisis.
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