U.S. regulators expected to significantly reduce Basel capital burden

Business and Finance

Reuters exclusive report U.S. regulators are expected to significantly reduce the additional capital banks must hold under proposed rules that have faced fierce opposition from Wall Street.

market impact

In July, bank regulators led by the Federal Reserve unveiled Basel III proposals aimed at overhauling the way banks with more than $100 billion in assets calculate how much cash they must set aside to absorb potential losses.

Article tags

Topics of interest: Business and Finance

type: Reuters Best

department: Business and Finance

area: America

nation: USA

Winning type: exclusivity

Story type: exclusive/exclusive report

media type: text

Customer Impact: important national stories

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By Ali Raza

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