(Reuters) – A group of bank regulators appointed by U.S. President Joe Biden is considering new rules that would require large regional banks to increase their availability in times of crisis, the Wall Street Journal reported on Sunday. financial buffer.
The new initiative includes regional banks raising long-term debt, which will help in the event of a bankruptcy, three new people familiar with the matter said, according to the Wall Street Journal. Lower absorb losses.
The Wall Street Journal report comes after U.S. Federal Reserve Chairman Michael Barr said a “comprehensive” review of banks’ capital requirements could soon be implemented for large regional lenders More than a week after the stricter rules.
