FED VICE CHAIR FOR SUPERVISION MICHELLE BOWMAN SAYS PROPOSALS MODERNIZE BANK
CAPITAL REQUIREMENTS, ADDRESSES ‘OVERLY CALIBRATED’ RULES
NEW PROPOSALS WOULD REQUIRE LARGER REGIONAL BANKS TO ACCOUNT FOR UNREALIZED
LOSSES, WOULD BOOST CAPITAL REQUIREMENTS BY 3.1%
BANKS BELOW $100 BILLION WOULD SEE CAPITAL REDUCTION OF 7.8% UNDER PROPOSALS
US FEDERAL RESERVE SAYS TOTALITY OF CAPITAL CHANGES UNDER CONSIDERATION WOULD
REDUCE LARGEST BANK CAPITAL BY 4.8%
REGULATORS TO PROPOSE NEW STANDARDIZED APPROACH FOR SMALLER BANKS, BANKS BETWEEN
$250 BLN AND $100 BLN IN ASSETS WOULD SEE CAPITAL FALL BY 5.2%