(Mar 22) European Banking Authority Chairman Andrea Enria, at a conference in Frankfurt, Germany, spoke about the Basel Committee on Banking Supervision's deal to revise global bank capital standards. "We are
very close to an agreement and I'm confident we'll get there soon," Enria said, and they have now agreed upon "
let's say, 90 to 95% of the issues" in spite of the outstanding matter of the output floor, which "
has been quite divisive."