GLONGHUI, September 10 | According to Bloomberg quoting sources, US regulators agreed to adjust the proposed capital requirements, and the capital requirements for eight globally systemically important US banks, including Bank of America and J.P. Morgan Chase, were drastically reduced from a 19% increase to a 9% increase. The plan was heavily opposed by the banking industry last year. It is believed that the current amendments will receive more support from banks. Michael Barr, the vice chairman responsible for supervising the affairs of the Federal Reserve, is expected to announce the latest adjustments today (10th).
美国监管机构拟作出让步 削减对大型银行增加资本金要求
USA regulatory institutions are considering making concessions to reduce the capital requirements for large banks.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.