Reuters logo
U.S. Fed adopts tough final capital rule for foreign banks
February 18, 2014 / 9:16 PM / 4 years ago

U.S. Fed adopts tough final capital rule for foreign banks

WASHINGTON, Feb 18 (Reuters) - The Federal Reserve Board voted to adopt a tight set of rules that would require foreign banks to hold as much capital in the United States as their local rivals.

The banks won only minor concessions from a draft version of rule, which was proposed in Dec. 2012.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below