UBS’ Raoul Weil, who goes on trial in Florida on Tuesday, is accused of helping wealthy Americans evade millions in taxes. . .

http://hereisthecity.com/en-gb/2014/10/14/what-this-swiss-banker-could-reveal-at-his-trial/

The Basel Committee on Banking Supervision has today issued frequently asked questions (FAQs) on the Basel III leverage ratio. To promote consistent global implementation of the requirements, the Committee has agreed to periodically review frequently asked questions and publish answers along with any technical elaboration of the standard and any interpretative guidance that may be necessary. . .

http://www.bis.org/publ/bcbs293.htm

The largest global banks will have to hold more capital and liabilities than previously reported that can automatically be written off in a crisis — as much as a quarter of risk-weighted assets — as regulators take on lenders deemed too big to fail. . .

http://www.bloomberg.com/news/2014-10-06/global-banks-face-25-loss-absorbency-rule-in-fsb-plan.html

Bankers’ behaviour still needs to change following the financial crisis, Bank of England governor Mark Carney has warned.

http://www.bbc.co.uk/news/business-29596866

The largest global banks will have to hold more capital and liabilities than previously reported that can automatically be written off in a crisis — as much as a quarter of risk-weighted assets — as regulators take on lenders deemed too big to fail. . .

http://www.bloomberg.com/news/2014-10-06/global-banks-face-25-loss-absorbency-rule-in-fsb-plan.html