Editorial Board

Tough New Bank Capital Rules Won’t Come a Day Too Soon

The Federal Reserve has finally approved new rules that will require U.S. banks to finance their operations with more equity and less debt. Big global banks will have to meet even tougher capital requirements. And in the best-is-yet-to-come category, the Fed said a further tightening of the rules isn’t far off.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.