Regulators unveil sweeping changes to capital rules for banks with $100 billion or more in assets

Regulators unveil sweeping changes to capital rules for banks with 0 billion or more in assets


Michael Barr (L), Vice Chair for Supervision at the Federal Reserve and Martin Gruenberg, Chair of the Federal Deposit Insurance Corporation (FDIC), testify about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol Hill in Washington, DC, May 18, 2023. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Saul Loeb | Afp | Getty Images

U.S. regulators on Thursday unveiled a sweeping set of proposed changes to banks’ capital requirements to address evolving international standards and the recent regional banking crisis.

The changes, designed to boost the consistency and accuracy of regulation, will revise rules tied to risky activities including lending, trading, valuing derivatives and operational risk, according to a notice from the Federal Reserve, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation.

While the heightened requirements apply to all banks with at least $100 billion in assets, the changes are expected to impact the biggest and most complex banks the most, the regulators said. As expected, the changes will broadly raise the level of capital that banks need to maintain against possible losses.

“Improvements in risk sensitivity and consistency introduced by the proposal are estimated to result in an aggregate 16 percent increase in common equity tier 1 capital requirements for affected bank holding companies,” the regulators said in a fact sheet.

This story is developing. Please check back for updates.



Source

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
Business

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker […]

Read More
How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated
Business

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion — […]

Read More
Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike
Business

Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. High earners would get a series of tax cuts in the latest House reconciliation plans , yet many could also be […]

Read More