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US Regulators Mull 16% Increase in Bank Capital Requirement

Bank supervisors in the United States have put forward a proposal that could see capital requirements for leading US banks shoot up by 16%. The move comes as the regulators seek to increase their oversight of the banking industry, particularly in the aftermath of the recent US banking crisis. A Multi-Agency CampaignOn Thursday, the Department of Treasury’s Office of the Comptroller of the Currency, the Federal Reserve System and the Federal Deposit Insurance Corporation released a 1089-page-long... Read More

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Posted: Jul 27 2023, 20:36

Author Name: financemagnates

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