U.S. Fed Toughens Capital Rule for Foreign Banks – ValueWalk Premium
Daniel Tarullo Federal Reserve

U.S. Fed Toughens Capital Rule for Foreign Banks

The Federal Reserve Board on Tuesday approved tight new rules for foreign banks to shield the U.S. taxpayer from costly bailouts.

The Federal Reserve has thus given only minor concessions despite pressure from abroad to weaken the rule.
$50 billion threshold for foreign banks
According to the new rules, the largest foreign banks

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