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TRENDING/ Gold consumption set to surge | World Bank to consider 27 of 30 G20 proposals | Volkswagen CEO calls for EU to rethink tariffs |
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  • Fed's Barr unveils sweeping bank capital plan changes after pushback, delays

Published 04:51 IST, September 11th 2024

Fed's Barr unveils sweeping bank capital plan changes after pushback, delays

The draft Basel rule, first unveiled in July 2023, overhauls how banks with more than $100 billion in assets calculate capital they must put aside to absorb potential losses.

Reported by: Thomson Reuters
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Basel Endgame banking regulations 2023 | Image: US Federal Reserve
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04:51 IST, September 11th 2024