Fed’s Quarles Suggests U.S. Could Revisit Capital Requirements For Foreign Banks

www.oann.com | 5/16/2018 | Staff
DanRules394 (Posted by) Level 3
WASHINGTON (Reuters) – The top regulatory official for the Federal Reserve suggested Wednesday regulators could consider lowering capital requirements for foreign banks operating in the U.S.

Randal Quarles, the Fed’s vice chair for supervision, said he wanted the central bank to review its current...
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