US Banks May See 20% Increase in Capital Requirements.
TL;DR Summary
US regulators are preparing to tighten rules for large banks, which could raise their capital requirements by 20% on average, to boost the financial system's resilience after a spate of midsize bank failures this year. The U.S. Federal Reserve's top regulatory official told Congress that the central bank would likely unveil its plan to ratchet up capital rules for banks this summer and ensure supervisors more aggressively police lenders following the bank failures.
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- Big US Banks Face 20% Jump in Capital Requirements, WSJ Says Bloomberg
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