Divided Fed proposes rule to ease capital necessities for large Wall Road banks

Divided Fed proposes rule to ease capital necessities for large Wall Road banks

Chairman of the US Federal Reserve Jerome Powell speaks alongside Michelle Bowman (L), Board Vice Chair for Supervision, Lisa Cook (2nd R), Board Governor, and Adriana Kugler (R), Board Governor, as he chairs a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building … Read more

Swiss authorities proposes robust new capital guidelines in main blow to UBS

Swiss authorities proposes robust new capital guidelines in main blow to UBS

A sign in German that reads “part of the UBS group” in Basel on May 5, 2025. Fabrice Coffrini | AFP | Getty Images The Swiss government on Friday proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital, following its 2023 takeover of stricken … Read more