KQED Nightly Business Report September 14, 2010
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. bank stocks rallied today, and they gave a boost to the dow. behind the move, tom, new global banking rules agreed to over the weekend in basel, switzerland. the requirements aim to prevent financial crises in the future, and to make the global banking system safer. >> tom: the most critical reform, susie, is a rule requiring banks to raise their capital cushion. in some cases, banks will triple the funds on reserve. many american ban...