The Fed is working on a proposal to raise asset thresholds that trigger enhanced oversight. The highest threshold could go from $700B to ~$960B. Some requirements starting at $100B could move closer to $150B. The changes would reduce regulatory costs for regional banks and could spur bank M&A.
Fed preparing proposal to raise enhanced-oversight asset thresholds
Highest threshold could rise from $700B to ~$960B
Some requirements starting at $100B could shift closer to $150B
Changes would give regional banks more room to grow
Could unlock new wave of bank M&A
Reported by Reuters
FREE ACCOUNT · NO CARD
The headline and the read are open. The reasons are one free account away, on every story.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch