Unbiased AI-powered news
2 stories related to this topic, newest first.
Substrate placeholder — needs reviewA regulator stated that proposed capital rule changes already include eased requirements and encouraged Wall Street banks to support them without seeking carve-outs. Major banks, including JPMorgan Chase and Goldman Sachs, have continued to oppose the changes. This relates to the…
BloombergA senior Federal Reserve official recently addressed Wall Street leaders on capital plans. The official encouraged support for the plans and advised against seeking carve-outs. The plans are viewed by some as beneficial to the industry.