Wednesday 4 March 2020

The Fed Simplifies Capital Rules, a Change Sought by Big Banks

The central bank will streamline how bank capital requirements are set, despite objections by a Fed governor who said the move would lower the amount of cash banks keep on hand.

from NYT > Business https://ift.tt/2PLNxRp

No comments:

Post a Comment

Elon Musk just showed the world his shiny new Robovan. There's already a Chinese vehicle with the same name.

Tesla CEO Elon Musk unveiled the Robovan on Thursday. Richard Bord/WireImage via Getty Images; Screenshot Tesla's new Robovan has a...