EU Banking Rules Disappoint Lenders

European banking regulators have issued updated capital rules for lenders, but the changes fall short of the industry's demands for significant revisions. The European Banking Authority's report clarifies existing requirements, rejecting pleas from the banking sector for major alterations to the European Union's capital regulations. This decision is likely to leave financial institutions dissatisfied as they had hoped for more substantial adjustments to the framework governing their capital reserves and risk assessments.