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MNI BRIEF: U.S. Regulators Propose Tighter Bank Capital Rules

(MNI) WASHINGTON

Large U.S. banks will be required to hold 16% more capital under proposed changes from the FDIC Thursday.

"While the proposal would not generally change the minimum required capital ratios, the amount of required capital would change due to changes to the calculation of risk-weighted assets. As a result of the increases in risk-weighted assets, the agencies estimate that the proposal would increase the binding common equity tier 1 capital requirement, including minimums and buffers, of large holding companies by around 16%," the agency said. The rule changes apply to banks with USD100 billion in assets or more.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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