If U.S. regulators borrow Basel’s most recent easing, the big banks are “going to be very happy,” said Mayra Rodriguez Valladares, managing principal at New York-based MRV Associates, which trains bank examiners and finance executives. Rodriguez Valladares said she would prefer that the U.S. not go the Basel route on counting assets. That approach lets banks shrink their apparent assets to be “much smaller than the real extent of risk,” she said.