07:19 AM EDT, 07/09/2024 (MT Newswires) -- The US Federal Reserve Bank may change the way it calculates the capital requirements it imposes on the country's eight most important banks, potentially saving them billions of dollars, Reuters reported Tuesday, citing people with knowledge of the matter.

The central bank is considering an adjustment to the numbers it uses to calculate the surcharge it imposes on global systemically important banks, which it introduced in 2015 to make them safer.

Updating the formulas would reduce the capital surcharge, Reuters reported the sources as saying.

The Federal Reserve didn't immediately reply to MT Newswires' request for comment.

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