Banking regulators on Thursday are meeting to propose new rules that could raise overall capital requirements by roughly 20% at the largest banks, officials said
Updated July 27, 2023 10:08 am ETThe Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it was created. Photo illustration: Madeline Marshall
WASHINGTON—U.S. regulators plan to make large banks bolster their financial footing, moves that could have an outsize effect on firms such as
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Canada Unveils New Bank Capital Rules for Crypto HoldingsFinancial regulator OSFICanada is proposing new rules for banks and insurers that hold crypto assets. jackschickler reports.
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Deutsche Bank flags cost cuts as investment bank slump lowers profit By Reuters⚠️BREAKING: *DEUTSCHE BANK SHARES SLIP IN FRANKFURT AS INVESTMENT BANK SLUMP LOWERS PROFIT $DB $DBK 🇩🇪🇩🇪
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NatWest Bank CEO ousted after furor over politician Nigel Farage's bank accountNatWest, one of Britain's biggest banks, says its chief executive has left her job after discussing personal details of a client — the populist politician Nigel Farage — with a journalist.
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NatWest Bank CEO ousted after furor over politician Nigel Farage’s bank accountThe chief executive of NatWest, one of Britain's biggest banks, left her job on Wednesday after discussing personal details of a client -- the populist politician Nigel Farage -- with a journalist.
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PacWest stock rockets nearly 40% after Banc of California confirms plan to buy troubled bankPacWest Bancorp’s stock soared in after-hours trading Tuesday after the company said it had agreed to be acquired by Banc of California Inc. in an all-stock merger backed by two private-equity firms
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US banks may take up to 4 years to set aside profits for new capital rulesU.S. banking giants may take up to four years to set aside profits to meet new capital rules, according to a report by Morgan Stanley.
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