American Banker reports that that the Fed, FDIC, and OCC might agree on a path forward for a Basel III re-proposal that would raise capital requirements for the largest banks, while mitigating some of the criticisms of the initial proposal. Fed Vice Chair for Supervision Michael Barr said that agencies would move to finalize a rule expanding long-term debt requirements to banks with at least $100 billion in assets.
AB: – Joint Banking Regulators Ponder Next Steps on Basel III Endgame
Published on September 23, 2024
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