Regulators propose raising capital requirements for largest US banks by 16%

The proposals, issued by the US Federal Reserve, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation on Thursday (27 July), are estimated to result in a 16% increase in common equity tier 1 capital requirements for banks, with the increase mainly affecting the largest and most complex banks.  The rules will apply to banks with more than $100bn in total consolidated assets. For banks below $100bn in total assets, the market risk provisions of the proposal would also apply to those with significant trading activity.  "The effects would vary for each b...