Financial Times reports that Wall Street banks are lobbying US regulators to ease Basel capital rules further. The outlets describe this effort as continuing pressure even after banks have secured what the Financial Times characterizes as their largest lobbying win since the financial crisis. Under the Basel framework, capital requirements are intended to set risk-based minimum buffers for banks, affecting how much capital firms must hold against assets. The reporting indicates banks are seeking additional adjustments beyond those already agreed or underway, arguing for changes that would potentially reduce constraints and increase flexibility in capital planning and lending. The effort involves bank industry participants urging regulators to revisit or relax specific Basel-related requirements in the US implementation. The articles do not provide detailed figures in the provided excerpts, but the overall theme is that lobbying remains active and aimed at additional regulatory relief. The coverage frames the push as part of a broader debate over the balance between maintaining financial stability through capital buffers and limiting the operational and balance-sheet impact of tighter capital requirements.
Wall Street presses US regulators to further ease Basel capital rules
Financial Times reports that Wall Street banks are lobbying US regulators to ease Basel capital rules further. The outlets describe this effort as continuing pressure even after banks have secured wha...
- Banks lobby US regulators for further easing of Basel capital rules.
- The push continues after banks’ recent major lobbying victory since the financial crisis.
- The reporting is based on a Financial Times account of industry advocacy.
- Basel capital rules set risk-based capital requirements for banks.
- The debate centers on adjusting capital requirements and regulatory constraints.
Banks press for further gains even after winning their largest lobbying victory since the financial crisis
2 months ago
Veteran journalist Dotun Oladipo dies at 56, Eagle Online publisher
Dotun Oladipo, a veteran Nigerian journalist and publisher of Eagle Online, dies at 56. Multiple outlets report that he...
Tree Island Steel appoints Brian Liu as new chief operating officer
Tree Island Steel appoints Brian Liu as its new chief operating officer (COO), according to multiple outlets. The compan...
S&P/TSX swings as oil moves; U.S. stocks trade higher and mixed
Canada’s main S&P/TSX composite index moves sharply between sessions, with reports describing both declines and gains, o...