He posits that the Basel 3 rules helped take some of the shine away.
That also means it will be hit relatively lightly by the new Basel 3 capital rules.
Mr Haldane estimates that Basel 3 may consume the time of 70, 000 workers in the European banking industry.
Increased trading yield estimates as a direct result of relaxation in Basel 3 requirements related to certain asset classes.
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The temptation is to add further measures to restrict their wiggle-room (Basel 3 uses both risk weights and a leverage ratio).
The biggest impact will come from the Basel 3 capital requirements, which could be finalised at next month's G20 summit in Seoul.
The profit also contributed to an increase in the bank's Tier 1 capital ratio, a key requirement under the Basel 3 international banking agreements.
New global regulations on capital, known as Basel 3, will force banks to set aside much more money to make their investment arms safer.
The Basel 3 agreements were put in place to shore up the finances of banks and reduce the risk of another crisis in the sector.
Other banks may be forced to rejig their investment-banking arms as the impact of higher capital charges proposed under Basel 3 rules begin to bite.
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And unless Dodd-Frank is watered down, America could have problems meeting the global rules known as Basel 3 because they will rely more on ratings.
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Rules on capital and liquidity known as Basel 3 are already crushing returns, and that in turn is bearing down on both pay and employment.
In CCAR, the Fed evaluates capital ratios under distressed financial and economic conditions, the plan to comply with Basel 3 capital requirements, and the capital planning process.
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Gold has acted strangely since the January 2013 release of the proposed Basel 3 liquidity regulations, writes Stephen Leeb of the Great Speculations blog here at Forbes.
In a speech on October 25th at The Economist's Buttonwood Gathering in New York, Mervyn King savaged big banks and criticised the new Basel 3 rules as too soft.
Some of the bullishness stems from expectations that Citigroup will step up its payout of dividend in 2012 as it gets closer to achieving its capital ratio targets under Basel 3.
The ICB's other headline proposal is that large British banks should have to hold bigger buffers against losses than currently proposed under Basel 3, a new international agreement on minimum capital requirements.
JPMorgan has said it will continue to buy back more stock and increase dividend modestly while simultaneously building its capital to a target Basel 3 Tier 1 Capital of 9% by the end of 2012.
Although the new Basel 3 global accords on capital adequacy are tough enough to have saved almost all banks during the crisis, a handful of firms worldwide, including HBOS, were outliers that lost far more than the average.
What is important, however, is that the amount of capital relative to gross assets that Vickers wanted for very big banks was significantly higher than the proposed new internationally agreed leverage backstop, enshrined in the Basel lll rules, of 3%.
In regards to leverage, Basel III introduced a minimum 3% leverage ratio and two required liquidity ratios: (1) the Liquidity Coverage Ratio, which requires a bank to hold high-quality liquid assets to cover its total net cash outflows over 30 days, and (2) the Net Stable Funding Ratio, which requires the available amount of stable funding to exceed the required amount of stable funding over a one-year period of extended stress.
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In other words, if the Basel lll leverage ratio remains at 3%, then that is the ratio which will apply to British banks.
Del Potro beat Federer in last month's Basel final but has a losing 13-3 record against him despite notable victories in the 2009 U.S. Open title match and in the round-robin stage of that year's ATP finals.
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England boss Fabio Capello's side take on the Bulgarians at Wembley on Friday, 3 September, followed by a trip to Basel to take on Ottmar Hitzfeld's Swiss side four days later.
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