“Big banks have to raise capital by as much as 19% under proposed US rules”
July 27, 2023
“US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the most sweeping overhauls of how lenders are regulated since the 2008 financial crisis…
…Agency officials said the giants of the industry that have huge trading desks and coast-to-coast franchises will see capital requirements rise by 19% on average, while those with more than $250 billion in assets will see an average rise of 10%.
The smaller banks with $100-$250 million in assets will see an average rise of 5%. A number of mid-sized regional banks fall in this category…”