Big banks may push for simpler Basel rules  
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Big banks may push for simpler Basel rules

www.reuters.com

Some big U.S. banks that once demanded flexible international capital standards have been chastened by the subprime credit crisis and now hope to qualify for a simpler and cheaper capital adequacy plan designed for small American banks.

The Federal Reserve and the other U.S. banking regulators are expected to issue on Thursday a so-called "standardized" version of the Basel II international capital adequacy framework for smaller banks that were not required to adopt a more costly and complex set of requirements.

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