Erik Thedeen, chair of the Basel Committee on Banking Supervision, urged nations to finalize the Basel III Endgame capital rules, emphasizing their importance for global financial stability. He criticized bank lobbying against stricter standards, arguing that weaker regulations could lead to long-term economic pain. As U.S. regulators remain divided on implementing these rules, Thedeen called for consistency among countries to avoid a fragmented regulatory landscape.
Hedge funds managing over $5 billion now account for 73% of the industry, a significant increase from 65% in 2018, according to a Bank of America report. This growth has come at the expense of mid-sized firms, which have seen a 6% decline in their share. Investor concerns include crowded trades, inadequate downside protections, and geopolitical risks, with many planning to increase their hedge fund allocations.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
