US Fed Plans To Raise Bank Oversight Thresholds — RTRS Cites Sources
Story updates
10:05:55 AM UTC
SquawkNews
US FED PLANS TO RAISE BANK OVERSIGHT THRESHOLDS, SOURCES SAY
10:14:20 AM UTC
SquawkNews
The Fed is preparing to raise asset thresholds that trigger tougher bank regulation, The highest threshold could rise from $700 billion to around $960 billion, while some requirements starting at $100 billion could shift closer to $150 billion. The changes would give regional banks more room to grow without additional regulatory costs and could unlock a new wave of bank M&A.