Will G-sibs quit fighting the Fed on Basel Endgame?By Nicholas Dunbar
January 31, 2024
Global systemically important US banks have filed a flurry of last-minute comments on the Fed’s Basel Endgame proposals, warning of “adverse consequences” such as pulling back from public markets and lending cuts.
It was inevitable that the banks would fight back against the Fed’s plans to hike capital ...
Despite a limited ability of regulatory capital buffers to prevent future banking failure, US regulators are proposing to increase capital requirements. Decision-makers should note that a capital buffer alone won’t...Read more