Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital, the Wall Street Journal reported Monday.
The new standards would differ by the type and size of bank, imposing the toughest requirements on “megabanks” focused on trading, such as Goldman Sachs(GS), the Journal reported. Large banks would face 20% increases to capital requirements on average.
Read More : Reports Suggest Government Considering 20% Increase in Bank Capital Requirements