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The Fed's regulatory chief Michael Barr on Tuesday outlined a plan to raise big bank capital by 9%, easing an earlier proposal to hike capital 19%. It was a major concession to Wall Street banks ...
The largest U.S. banks, known as global systemically important banks (GSIBs), would encounter a 9% increase in capital requirements in a revised bank-capital ... 19% capital hike regulators ...
Overall, the plan will raise big ... bank lobby groups, which mostly said they would review the changes carefully, suggested investors and the industry had been hoping for a smaller capital hike.