The Federal Reserve approved new rules mandating U.S. banks to finance their operations with more equity, in addition to forcing compliance to tougher capital requirements. The new Basel regulations announced by the Fed will force banks to set aside more capital.
The FED agreed Tuesday new arrangements mandating U.S. banks to maintain common equity, representing...
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations.He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications.His hobbies are tracking global financial developments and watching sports
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