US regulators will ... slice in half the 19 percent capital hike that regulators had planned for the eight biggest US banks. Those lenders, including Citigroup, Bank of America, and JPMorgan ...

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 floated in ...

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.

Work on the coming proposal to ease big-bank capital requirements began well before the trio of new staff were hired to join the Fed. The work has been endorsed by Fed Chair Jerome H. Powell ...

"The people who had an account with us in January 2020 before the pandemic ... widely predicting a rate cut this September, the big bank CEO cautioned the central bank not to slow down "too ...

and give Capital One control of Discover's extensive card payment network. The combined entity will become the eighth-largest bank covered by government deposit insurance, the Fed said.

A US appeals court threw out the dismissal of an ... his partiality could reasonably be questioned because his wife’s ownership of Bank of America stock created an “appearance of impropriety.” ...