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The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets). [2]
The Federal Reserve unveiled that it's planning to scale back a proposal to raise capital requirements for banks after politicians and the banking industry pushed back on the initial plan, warning ...
Basel I is the first Basel Accord.It arose from deliberations by central bankers from major countries during the late 1970s and 1980s. In 1988, the Basel Committee on Banking Supervision (BCBS) in Basel, Switzerland, published a set of minimum capital requirements for banks.
As of October 2008, depositor accounts are insured by the FDIC up to $250,000 per individual per bank. Banks that are in danger of failing are either taken over by the FDIC, or administered temporarily, then sold or merged with other banks. The FDIC maintains a list of banks showing institutions seized by regulators and the assuming institutions.
The Federal Reserve Friday announced it will extend the comment period for proposed higher bank capital requirements in the wake of banks' complaints the requirements would hurt lending.
Agency officials said the eight largest banks that have huge trading desks and coast-to-coast franchises, such as JPMorgan and Bank of America, will see capital requirements rise by 19% on average.
A key part of bank regulation is to make sure that firms operating in the industry are prudently managed. The aim is to protect the firms themselves, their customers, the government (which is liable for the cost of deposit insurance in the event of a bank failure) and the economy, by establishing rules to make sure that these institutions hold enough capital to ensure continuation of a safe ...
The biggest of the group — JPMorgan Chase , Bank of America , Wells Fargo , Citigroup , Goldman Sachs , and Morgan Stanley — would all have capital buffers close to double the Fed’s 4.5% ...