Top banks may have to increase their capital buffers by 20%, report says
But the new rules will apply to more banks, namely those with at least $100 billion in assets. That's compared to the current threshold of $250 billion that triggers regulators' stiffest capital rules. Silicon Valley Bank had about $209 billion in assets before its collapse.
The tougher rules will apply to megabanks even though they received influxes of deposits as customers fled smaller lenders and flocked to"too big to fail" banks. And stricter requirements could result in banks charging customers more for services. Still, Federal Reserve Vice Chair for Supervision Michael Barr told Congress last month that,"The banking system might need additional capital to be more resilient precisely because we don't know the nature of the kinds of ways we might experience shocks to the system, as has happened with these recent bank failures."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Padma Lakshmi to exit ‘Top Chef’ after season 20: ‘It’s time to move on’Padma Lakshmi is exiting “Top Chef.” The reality show host announced on social media that “Top Chef” Season 20 will be her last run with the beloved Bravo cooking competition series. Lakshmi’s news arrives just a week before the Season 20 finale.
Leer más »
Boys Lacrosse Top 20, June 5: South Jersey giant resurfaces in time for sec. finalOne of South Jersey's most successful programs ever makes its first Top 20 appearance in '23
Leer más »
High school softball rankings: Bay Area News Group season-ending Top 20St. Francis stays at No. 1, Willow Glen and California make huge jumps in the end-of-season rankings
Leer más »
High school baseball rankings: Bay Area News Group season-ending Top 20De La Salle rises to No. 1, Clayton Valley, St. Ignatius, Pittsburg among teams to make notable ascents.
Leer más »
Baseball: Most Valuable Players from the sectional finalsA look at the top performer in all 20 sectional finals
Leer más »