Fed Just Getting Started Beefing Up Top Banks' Capital Rules BAC WFC - Investors.com
Fed Just Getting Started Beefing Up Top Banks' Capital Rules BAC WFC - Investors.com
Basel 3 wants massive increases in bank capital. Apparently the US is just getting started increasing that capital. A little late to the party but not as late as the Eurozone banks.
Hopefully we won't have bailins as the solution to bank capital. That would be just horrible.
But here is the most unnerving new rule coming down the pike:
Basel 3 wants massive increases in bank capital. Apparently the US is just getting started increasing that capital. A little late to the party but not as late as the Eurozone banks.
Hopefully we won't have bailins as the solution to bank capital. That would be just horrible.
But here is the most unnerving new rule coming down the pike:
Other rules on the way include special surcharges, additional capital requirements for banks that depend on short-term whole sale funding, and amounts of debt that must be held for conversion into stock for a crisis "bail-in."
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