FRANKFURT—Germany outlined its objections to the revised Basel banking rules proposals announced Monday, but its concerns didn't deter investors who drove bank stocks sharply higher across Europe.

"We won't block it," German Finance Minister Wolfgang Schaeuble told an economics conference in Basel, Switzerland. "But we will push that we get sufficient time to translate the rules and that the ...

FRANKFURT (Reuters) - New capital rules being drafted by global banking regulators will burden some German lenders, albeit in a reasonable fashion, the head of German financial watchdog Bafin said.