BASEL – There is soon to be a lot of change at the top of the Basel Committee. Dutch chairman Nout Wellink is departing at the end of June, and Stefan Walter, the general secretary leaves at the end of October. It also seems likely that Jean-Claude Trichet, who heads the Group of Governors and Heads of Supervision that oversee the Basel Committee, will relinquish that post when he steps down as president of the European Central Bank (ECB).

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