Policy
US Banks Jockey Over Fed GSIB Capital Surcharge Revision
Major U.S. banks are engaged in a dispute over the Federal Reserve's proposed revisions to the global systemically important bank (GSIB) capital surcharge. The differing impacts of the proposed changes could complicate the Fed's efforts to finalize broader capital rule updates.
banksbrokersasset managers
- Major. banks are reportedly clashing over the Federal Reserve's proposed revisions to the capital surcharge, with differing impacts on capital relief. Investors monitoring the sector should watch for potential impacts on profitability and capital requirements at institutions like $JPM+WL and versus and.
