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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (113799)3/31/2008 8:20:34 PM
From: Hawkmoon of 306849
 
Gross, the chief investment officer of Pacific Investment Management Company, or PIMCO, anticipates such a regulatory revamp will result in higher capital standards for investment banks, bringing them closer to their commercial bank counterparts.

Y'know.. it kind of makes sense since the repeal of Glass/Steagall..

The question is what are the capitalization standard for non-US investment banks, and will this give them a competive advantage against their US rivals?

Hawk
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