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US Banks Must Pay Up To $2 Billion More Per Year To Shield Taxpayers: Fed
The rule demands Wall Street holds more debt that could be converted to shareholder equity if a bank is pushed to bankruptcy. Investor-owned stock is the main buffer against a bank failure.
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World's Biggest Banks Need Up to $1.2 Trillion Under New Rules
Seven years after the collapse of Lehman Brothers jolted the global economy, the world's biggest banks may need to raise as much as $1.2 trillion to meet new rules laid down by financial regulators.
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US Banks Must Pay Up To $2 Billion More Per Year To Shield Taxpayers: Fed
The rule demands Wall Street holds more debt that could be converted to shareholder equity if a bank is pushed to bankruptcy. Investor-owned stock is the main buffer against a bank failure.
-
World's Biggest Banks Need Up to $1.2 Trillion Under New Rules
Seven years after the collapse of Lehman Brothers jolted the global economy, the world's biggest banks may need to raise as much as $1.2 trillion to meet new rules laid down by financial regulators.
