Cash Management Landscape in a Post Basel III World (Wells Fargo)

KEYWORDS:

Authors:

Wendy Beer, Director, Head of Business Consulting, Wells Fargo Prime Services and Andrew Volz, Director, Sales, Wells Fargo Prime Services

Organizations:
  • Wells Fargo Prime Services

Summary:

As a result of the 2008 financial crisis, the Basel Committee on Banking Supervision (“BCBS”) has proposed standards to provide stability to the banking sector by implementing safeguards that are intended to make banks more resilient in a financial crisis. Specifically, the BCBS under Basel III has introduced, amongst other things, stricter capital requirements, leverage limitations and liquidity provisions.