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US Fed Plans To Raise Bank Oversight Thresholds — RTRS Cites Sources

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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.