Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
US regulators discuss finalizing bank capital rules as soon as August, Bloomberg News reports https://t.co/57qWTaZ5w0 https://t.co/Za6neGcudx
⚠️ US REGULATORS DISCUSS FINALIZING BANK CAPITAL RULES AS SOON AS AUGUST, BLOOMBERG NEWS REPORTS Full Story → https://t.co/W1J16nYaqr The Federal Reserve and other top U.S. regulators are forging ahead with their plan to make big banks hold more capital, Bloomberg News… https://t.co/ksSR6ryjqG
The Federal Reserve and other top US regulators are forging ahead with their landmark plan to make big banks hold more capital despite calls from some critics to scrap it. Will be finalized by August $KRE
The Federal Reserve, along with other top US regulators like the FDIC and OCC, are advancing their plan to increase capital requirements for large banks, aiming to finalize these rules by August. Despite some opposition urging the abandonment of the July 2023 proposal, adjustments are being considered, particularly in how market risks are assessed. The plan impacts the regional banking sector, symbolized as $KRE.