Banks Wonder If Basel's 'Advanced Approaches' Is Worth the Trouble.

The article discusses the consideration of the biggest plan on whether to stop using their own internal models to help set capital requirements as they examine ways to streamline the post-crisis compliance landscape. Topics mentioned include the creation of the so-called advanced approaches framework in 2007 as part of Basel II, how the program is made less useful, and the banks that have completed their parallel runs of their models including Bank of America, Wells Fargo, and Citigroup.