Wall Street banks score win as Fed unveils plan to ease capital - News Summed Up

Wall Street banks score win as Fed unveils plan to ease capital


The widely expected changes are part of a broader capital overhaul that marks the culmination of a years-long effort by Wall Street banks to ease rules, introduced ​following the 2007-09 financial crisis, which they say are stymieing economic growth. The Fed will vote on the proposal at a board meeting next ​week, the central bank announced after her speech. CAPITAL TO FALL BY 'SMALL AMOUNT'Banking regulators ​are also easing a related leverage ratio, and the Fed is making its annual bank stress tests -- which set some capital levels -- more ​transparent. In aggregate, the "sensible" changes will lower large bank capital requirements a "small amount" in line with 2019 levels, said Bowman. "The capital proposal outlined today suggests a welcome focus on risk-sensitivity and a comprehensive view, taking into account the cumulative effects of all capital requirements.


Source: The Edge Markets March 13, 2026 00:39 UTC



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