In a speech to the Brookings Institution, Fed Vice Chair for Supervision Michael Barr said regulators will re-issue watered-down drafts of the "Basel Endgame" rule ... changes. "The revised bank ...
The Fed’s regulatory chief Michael ... of the rule, and have argued that the central bank has dramatically understated its capital burden on big lenders. Barr laid out broad changes in how ...
The two analysts dug into some of the details that came this week from Michael Barr ... for bank capital requirements. JPMorgan Chase & Co. will get a boost from a proposed change to include ...
The changes relate to the capital surcharge for global systemically important banks (G-SIBs), including JPMorgan JPM, Citigroup C, Bank of America BAC and Wells Fargo & Company WFC. Barr stated ...
1 Since I joined the Federal Reserve Board as Vice Chair for Supervision, I have spoken many times about the importance of bank capital ... the rule by 0.5 percent. While these proposed changes ...
The Fed's regulatory chief Michael ... of the rule, and have argued that the central bank has dramatically understated its ...
This a major reversal following the string of regional bank failures last year that was touched off by Silicon Valley Bank. “Capital has costs too," Fed Vice Chair for Supervision Michael Barr ...