Arab Today, arab today fed to embrace global banking rules
Last Updated : GMT 08:55:20
Arab Today, arab today
Arab Today, arab today

Fed to embrace global banking rules

Arab Today, arab today

Arab Today, arab today Fed to embrace global banking rules

Washington - AFP

The US Federal Reserve is expected to embrace a new global framework that requires giant financial institutions to hold extra capital, The Wall Street Journal reported Monday. Citing unnamed people familiar with the situation, the newspaper said the Fed\'s decision to accept the rules laid out by regulators in Basel, Switzerland, could come before Christmas. It is a defeat for big US banks that argued the guidelines needn\'t be so strict, the report said. They contended the Basel approach could prompt them to reduce lending and hurt the economy. Internal estimates from the Basel Committee on Banking Supervision showed JP Morgan Chase & Co would have to hold 2.5 percent of extra capital as a percentage of risk-weighted assets, on top of the 7-percent base that all institutions will be required to hold, The Journal noted. Many of JP Morgan\'s US competitors will likely be required to maintain extra cushions of between one percent and two percent, the paper said. But these numbers are not final, and the Basel surcharge will not phase in until 2016, the report pointed out.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fed to embrace global banking rules Arab Today, arab today fed to embrace global banking rules

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fed to embrace global banking rules Arab Today, arab today fed to embrace global banking rules

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday