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Market Chatter: US Bank Regulators at Odds Over 'Basel Endgame' Reproposal
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Market Chatter: US Bank Regulators at Odds Over 'Basel Endgame' Reproposal
Jun 20, 2024 5:20 AM

07:46 AM EDT, 06/20/2024 (MT Newswires) -- The Federal Reserve is considering reproposing the "Basel endgame" rule, which seeks to further increase bank capital requirements, after receiving vigorous pushback from Wall Street, while the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency do not want to go that route, Reuters reported Thursday, citing five people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 197.39, Change: +0.39, Percent Change: +0.20

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