Overall, the plan will raise big banks' capital by 9% compared with 19% originally, Barr said. It would increase capital for banks with less than $250 billion in assets, such as KeyBank, M&T and ...

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the move could undermine im ...

In a statement, Fed governor Michael Barr, the former vice chair of supervision, said he couldn’t support the proposed changes and warned that weakening the capital requirement would increase ...

Bowman’s predecessor, governor Michael Barr, objected to the plan, which he said would weaken the eSLR and reduce bank-level capital by US$210bil for the US global systemically important banks.

In a speech to the Brookings Institution, Fed Vice Chair for Supervision Michael Barr said regulators will re-issue watered-down drafts of the "Basel Endgame" rule and a separate capital rule for ...

The draft Basel rule, first unveiled in July 2023, overhauls how banks with more than $100 billion in assets calculate capital they must put aside to absorb potential losses.

In a speech to the Brookings Institution, Fed Vice Chair for Supervision Michael Barr said regulators will re-issue watered-down drafts of the "Basel Endgame" rule and a separate capital rule for ...

WASHINGTON (Reuters) -The Federal Reserve's regulatory chief on Tuesday outlined a plan to raise big banks' capital by 9%, significantly easing an earlier proposal after intense Wall Street opposition ...