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Fed Moves to Soften Bank Capital Rules, Expected to Lower Requirements by 4.8%

The Federal Reserve has announced a significant rollback of bank capital rules, with officials expected to lower capital requirements for major banks like Goldman Sachs and JPMorgan Chase by 4.8%, marking the biggest regulatory shift since the 2008 financial crisis.

19 Mar, 17:38 — 19 Mar, 17:38
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The GuardianMostly Factual19d ago

US moves to soften capital rules: ‘Big banks can declare mission accomplished’

Fed officials expected to lower capital requirements for banks such as Goldman Sachs and JPMorgan Chase by 4.8% Sign up for the Breaking News US email to get newsletter alerts in your inbox US federal regulators are trying to soften bank requirements, loosening the amount of capital US banks must have in what would be some of the biggest changes to bank restrictions since the 2008 financial crisis and a huge win for financial institutions. On Thursday, US Federal Reserve officials are expec...

By Lauren Aratani

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Coverage Timeline

First report: Yahoo · 19 Mar, 15:03Full coverage: 2 · 3hWindow: 3h
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Yahoo19 Mar, 15:03First to report

Fed Rolls Back Bank Capital Rules in Biggest Regulatory Pivot Since 2008

3h later
The Guardian19 Mar, 17:38Latest update

US moves to soften capital rules: ‘Big banks can declare mission accomplished’

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