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 ...

The Federal Reserve has kicked off one of the largest reductions of US bank capital requirements since the 2008 financial crisis by proposing to allow higher leverage at the biggest American banks.

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.

But Fed governors Michael Barr and Adriana Kugler expressed reservations about the plan. Barr warned that the proposal significantly reduces bank capital, raising risks surrounding a major bank's ...

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

The Federal Reserve has unveiled a long-anticipated proposal to slash the enhanced supplementary leverage ratio (eSLR), marking one of the biggest reductions of US bank capital requirements since the ...

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.