Fed Governors Adopt Foreign-Bank Capital Rules

Feb. 18 (Bloomberg) -- The Federal Reserve Board of Governors meets and approves new standards for foreign banks that will require the biggest to hold more capital in the U.S. The new rules take effect in July 2016, one year later than originally proposed. (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (02/28)
32:00 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include William Daley, head of U.S. operations at Argentiere Capital and former U.S. Commerce Secretary, Rep. Diane Black, chairman of the House Budget Committee, member of the Ways and Means Committee, and a Republican from Tennessee, Max Baucus, former U.S. Ambassador to China and Democratic Senator from Montana, Federal Communications Commission Chairman Ajit Pai, Rep. John Yarmuth, member of the House Budget Committee and a Democrat from Kentucky, Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg View columnist, and David Bianco, chief investment strategist for the Americas at Deutsche Asset Management. (Source: Bloomberg)
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