Big Banks Get a Breather to Respond to Planned Capital Mandates
- US banking regulators have extended comment period to Jan. 16
- Fed also delays its comment deadline on capital surcharge
The Marriner S. Eccles Federal Reserve building in Washington, DC.
Photographer: Graeme Sloan/BloombergThis article is for subscribers only.
Top US financial regulators on Friday delayed a deadline for comments on their sweeping plan to impose tighter capital rules on big banks.
The Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency said in a joint release that they would extend the comment period to Jan. 16 from the original Nov. 30.